Jain told CNBC-TV18, "Fortis Healthcare is looking good, it's given a breakout, its consolidated. The only thing is that the move has been very strong and any kind of support is only closer to Rs 154."
She further added, "For a fresh person to enter its very dicey situation, so only on dips can you really buy it but if you are holding it, I think with a stoploss of about Rs 172 you should continue to hold it because it looks like its moving towards Rs 190-192 odd levels."
Fortis Health has touched a 52 week high of Rs 187.45. It touched an intra day high of Rs 187.45 and an intra day low of Rs 180. At 10:04 hrs the share was quoting at Rs 184.60, up Rs 6.25, or 3.50% with volumes of 1,846,391 shares.
Currently the share is 180.12% above the 52-week low of Rs 65.90. The company's trailing 12-month (TTM) EPS was at Rs 0.39 per share.
