Short term swing trade (B): Healthcare stock | 5-7% target | Indian stock trading tips on 12 Aug 2025

NOTE

Closing Price: ₹921 (as of Aug 12, 2025)
StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
Upside Potential#: Based on median of the suggested buy range.

Fortis Healthcare Limited is a leading healthcare provider in India, offering a wide range of services across hospitals, diagnostics, tertiary and quaternary care, and day-care specialty facilities. Its specialties include cardiac care, critical care, oncology, neurology, orthopedics, organ transplants, pediatrics, mental health, dermatology, gastroenterology, and many more. Founded in 1996 and headquartered in Gurugram, India, Fortis delivers comprehensive medical and support services to patients nationwide.

Website: http://www.fortishealthcare.com/

Technical Analysis

Key Observations

The stock is currently in a strong uptrend, consistently making higher highs and higher lows.
After breaking out from a rounding bottom pattern, the price surged to an all-time high and is expected to maintain its bullish momentum.

Technical Image - Daily Timeframe

Technical Analysis

Key Observations

The stock is currently in a strong uptrend, consistently making higher highs and higher lows.
After breaking out from a rounding bottom pattern, the price surged to an all-time high and is expected to maintain its bullish momentum.

Technical Image - Daily Timeframe

Conclusion

Fortis Healthcare Stock Price Forecast

Based on our swing trading strategies for indian stocks, the Fortis Healthcare Stock Price target will be INR 970 - INR 980 in the next 10-12 trading sessions.

Conclusion

Fortis Healthcare Stock Price Forecast

Based on our swing trading strategies for indian stocks, the Fortis Healthcare Stock Price target will be INR 970 - INR 980 in the next 10-12 trading sessions.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.