{"id":321064,"date":"2026-10-21T15:52:24","date_gmt":"2026-10-21T10:22:24","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=321064"},"modified":"2026-10-21T15:52:24","modified_gmt":"2026-10-21T10:22:24","slug":"fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/","title":{"rendered":"Fortis Share Price: Sumeet Bagadia&#8217;s Buy Call, Target and Stop-Loss After the Fall"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>The Fortis share price closed at Rs 729.00 on 21 Oct 2026, down 1.19%, which is below the Rs 745 stop-loss of a Choice Broking buy call reported on 12 Oct 2026 (buy near Rs 794, target Rs 892). The close is about 8.2% below the Rs 794 entry (my calculation), the 14-day RSI is 27.06, which is oversold, and the stock is down 24.77% since 21 Jul. The headline still presents the call, so a reader acting on it should check whether it is still valid.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Fortis share price closed at Rs 729.00 on 21 Oct 2026, down 1.19%, which is below the Rs 745 stop-loss of the buy call that Sumeet Bagadia of Choice Broking gave around Rs 794 with a target of Rs 892. At this close the stock is about 8.2% below the suggested entry, the target is about 22.4% away and the stop-loss is already about 2.2% above the price (my calculation). The stock has fallen 24.77% since 21 Jul, its 14-day RSI of 27.06 is in oversold territory and it trades about 15.3% below its 50-day average of Rs 861.12. A stop-loss that has been breached means the original trade plan no longer holds, so the call should be treated as stale and not as a fresh signal.<\/p>\n<\/p><\/div>\n<p>The Fortis share price has fallen for several sessions, with a 52-week low of Rs 727.6 reported by MarketsMojo and a day low of Rs 721.10 on 21 Oct, which is below that reported low. The Sumeet Bagadia call in the headline was first reported by Business Today on 12 Oct 2026, when the stock was near Rs 794 and its RSI was 31.71.<\/p>\n<p>This article on the Fortis share price covers the terms of the call, where the stock stands against them, the technical and valuation readings, the reported 52-week low and what to check before acting on any buy call. It is educational and not a recommendation to buy or sell any share.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Fortis_Share_Price_The_Buy_Call_Versus_the_Close\" title=\"Fortis Share Price: The Buy Call Versus the Close\">Fortis Share Price: The Buy Call Versus the Close<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Fortis_Share_Price_Technicals_Oversold_but_Weak\" title=\"Fortis Share Price Technicals: Oversold but Weak\">Fortis Share Price Technicals: Oversold but Weak<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Fortis_Share_Price_Valuation_and_Fundamentals\" title=\"Fortis Share Price Valuation and Fundamentals\">Fortis Share Price Valuation and Fundamentals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#What_to_Check_Before_Acting_on_a_Buy_Call\" title=\"What to Check Before Acting on a Buy Call\">What to Check Before Acting on a Buy Call<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#What_to_Watch_Next_for_the_Fortis_Share_Price\" title=\"What to Watch Next for the Fortis Share Price\">What to Watch Next for the Fortis Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#What_is_the_buy_call_on_the_Fortis_share_price\" title=\"What is the buy call on the Fortis share price?\">What is the buy call on the Fortis share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Has_the_Fortis_share_price_hit_the_stop-loss\" title=\"Has the Fortis share price hit the stop-loss?\">Has the Fortis share price hit the stop-loss?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#How_far_is_the_Fortis_share_price_from_the_target\" title=\"How far is the Fortis share price from the target?\">How far is the Fortis share price from the target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Why_did_the_Fortis_share_price_fall\" title=\"Why did the Fortis share price fall?\">Why did the Fortis share price fall?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Is_the_Fortis_share_price_oversold\" title=\"Is the Fortis share price oversold?\">Is the Fortis share price oversold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#What_is_the_52-week_low_of_the_Fortis_share_price\" title=\"What is the 52-week low of the Fortis share price?\">What is the 52-week low of the Fortis share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Is_the_Fortis_share_price_expensive\" title=\"Is the Fortis share price expensive?\">Is the Fortis share price expensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/fortis-share-price-sumeet-bagadia-buy-call-target-and-stop-loss-after-the-fall\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Fortis_Share_Price_The_Buy_Call_Versus_the_Close\"><\/span><strong>Fortis Share Price: The Buy Call Versus the Close<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Fortis share price: call item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Distance from the Rs 729 close<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Suggested buy price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Around Rs 794<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close is about 8.2% below it (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Target<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 892<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 22.4% above the close (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Stop-loss<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 745<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Already breached; about 2.2% above the close (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Support cited at the time<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 750<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close is about 2.8% below it (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reward to risk from entry<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">98 points against 49 points<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 2 to 1 (my calculation)<\/td>\n<\/tr>\n<\/table>\n<p>The Fortis share price closed below Rs 745 on 16 Oct and later, with closes of Rs 736.50 and Rs 737.80 on 19 Oct, so the stop-loss was triggered some sessions before the headline. A disciplined trader would have exited at that point. An investor who buys now at Rs 729 is not following the original call, because the entry, the stop and the risk are all different from the plan.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Compare stocks on the Univest screeners page<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fortis_Share_Price_Technicals_Oversold_but_Weak\"><\/span><strong>Fortis Share Price Technicals: Oversold but Weak<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Fortis share price: measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading on 21 Oct 2026<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close of the Fortis share price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 729.00, down 1.19%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day low<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 721.10<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fall since 21 Jul<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 24.77% from Rs 969 (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">14-day RSI<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">27.06, which is oversold<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">50-day average<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 861.12, so the stock is about 15.3% below it (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week low reported by MarketsMojo<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 727.6, with the close about 0.2% above it (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,101.4, so about 33.8% below it (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1-year return reported by MarketsMojo<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 33.68% against the Sensex down 12.73%<\/td>\n<\/tr>\n<\/table>\n<p>An RSI below 30 shows that the Fortis share price has fallen fast and may bounce, but it does not say when. The day low of Rs 721.10 is below the Rs 727.6 low reported earlier, so the 52-week low may now be lower (my reading), and you should check a live chart. A stock can stay oversold for weeks while it falls, as the RSI of 31.71 on 12 Oct and 27.06 now show.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to open a demat account and track your stocks.<\/em><\/p>\n<p><strong>Risk:<\/strong> Buying only because the RSI is low is a bet on a bounce, and the Fortis share price has fallen below its stop-loss, 50-day average and 52-week range.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fortis_Share_Price_Valuation_and_Fundamentals\"><\/span><strong>Fortis Share Price Valuation and Fundamentals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Fortis share price: valuation measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 55,554 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Trailing P\/E and industry P\/E<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">51.89 against 59.59<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">5.61<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity and ROCE<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">10.53% and 12.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt to equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.35<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Earnings per share and dividend yield<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 14.18 and 0.14%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">PEG ratio reported by MarketsMojo<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">3.4<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Profit growth year on year<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 15.5%<\/td>\n<\/tr>\n<\/table>\n<p>The hospital operator is not expensive against the industry P\/E of 59.59, but a P\/E of 51.89 with profit growth of 15.5% and a PEG of 3.4 is not low either. The low debt to equity of 0.35 is a strength, and the return on equity of 10.53% is modest for a price to book of 5.61 (my reading). MarketsMojo did not give a definite cause for the fall, and I found no company announcement that explains it, so the reason remains unconfirmed.<\/p>\n<p><strong>Risk:<\/strong> A stock that falls without a stated cause can keep falling until a trigger such as results or a broker note changes sentiment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Check_Before_Acting_on_a_Buy_Call\"><\/span><strong>What to Check Before Acting on a Buy Call<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Fortis share price: check<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Why it matters<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Call date and price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The call was made on 12 Oct near Rs 794 and the price has moved<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Stop-loss status<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 745 has been breached, so the plan has ended<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Your own entry and risk<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A new entry needs a fresh stop-loss and position size<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Source and track record<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Treat the Sumeet Bagadia call as one analyst opinion and not a guarantee<\/td>\n<\/tr>\n<\/table>\n<p>A buy call is a trading view with a time frame, and it expires when the stop-loss is hit. News articles often repeat a call after the price has moved, which is the case with the Fortis share price here. The Sumeet Bagadia call set a clear stop-loss, which is the useful part of it, and the Fortis share price has now tested that discipline. If you want to trade the bounce, set your own levels, and if you are an investor, look at the business and valuation first.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_Fortis_Share_Price\"><\/span><strong>What to Watch Next for the Fortis Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Whether the Fortis share price holds the Rs 721.10 day low and the reported Rs 727.6 area<\/li>\n<li>A close back above the Rs 745 stop-loss level, which would be the first sign of recovery<\/li>\n<li>The September-quarter results and any management comment on the fall<\/li>\n<li>Whether the RSI recovers above 30 and the stock approaches its 50-day average near Rs 861.12<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Fortis share price at Rs 729.00 is below the Rs 745 stop-loss of the buy call that carried a Rs 892 target, so the call has failed on its own terms. The stock is oversold with an RSI of 27.06, about 15.3% under its 50-day average and 24.77% below its 21 Jul level, and the cause is unconfirmed. Treat the call as old, set your own risk levels and decide within your own limit.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_buy_call_on_the_Fortis_share_price\"><\/span><strong>What is the buy call on the Fortis share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The call, reported by Business Today on 12 Oct 2026 as a Choice Broking view, was to buy around Rs 794 with a target of Rs 892 and a stop-loss of Rs 745, with support near Rs 750. The headline attributes it to Sumeet Bagadia.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Has_the_Fortis_share_price_hit_the_stop-loss\"><\/span><strong>Has the Fortis share price hit the stop-loss?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. It closed at Rs 729.00 on 21 Oct 2026, below the Rs 745 stop-loss, and had closed at Rs 736.50 and Rs 737.80 on 19 Oct. The call&#8217;s own risk limit has been crossed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_far_is_the_Fortis_share_price_from_the_target\"><\/span><strong>How far is the Fortis share price from the target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The target of Rs 892 is about 22.4% above the Rs 729 close, and the close is about 8.2% below the Rs 794 entry (my calculation). That is why the original reward to risk of about 2 to 1 no longer applies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_Fortis_share_price_fall\"><\/span><strong>Why did the Fortis share price fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> I found no company announcement that explains the fall, and MarketsMojo gave no definite cause. The stock is down 24.77% since 21 Jul and its 1-year return is down 33.68%, so the reason is unconfirmed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Fortis_share_price_oversold\"><\/span><strong>Is the Fortis share price oversold?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The 14-day RSI is 27.06, which is below 30 and counts as oversold. That means the fall has been sharp and a bounce is possible, but a low RSI does not give a timing and the stock can stay weak.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_52-week_low_of_the_Fortis_share_price\"><\/span><strong>What is the 52-week low of the Fortis share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MarketsMojo reported a 52-week low of Rs 727.6 and a high of Rs 1,101.4. The day low of Rs 721.10 on 21 Oct is below that, so the low may have moved, and you should check a live chart.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Fortis_share_price_expensive\"><\/span><strong>Is the Fortis share price expensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The trailing P\/E of 51.89 is below the industry P\/E of 59.59, but the price to book is 5.61 and the PEG ratio reported by MarketsMojo is 3.4. So it is not clearly low, and growth and returns need to hold for the multiple to be justified.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the buy call on the Fortis share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The call, reported by Business Today on 12 Oct 2026 as a Choice Broking view, was to buy around Rs 794 with a target of Rs 892 and a stop-loss of Rs 745, with support near Rs 750. The headline attributes it to Sumeet Bagadia.\"}},{\"@type\":\"Question\",\"name\":\"Has the Fortis share price hit the stop-loss?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. It closed at Rs 729.00 on 21 Oct 2026, below the Rs 745 stop-loss, and had closed at Rs 736.50 and Rs 737.80 on 19 Oct. The call's own risk limit has been crossed.\"}},{\"@type\":\"Question\",\"name\":\"How far is the Fortis share price from the target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The target of Rs 892 is about 22.4% above the Rs 729 close, and the close is about 8.2% below the Rs 794 entry (my calculation). That is why the original reward to risk of about 2 to 1 no longer applies.\"}},{\"@type\":\"Question\",\"name\":\"Why did the Fortis share price fall?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"I found no company announcement that explains the fall, and MarketsMojo gave no definite cause. 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The day low of Rs 721.10 on 21 Oct is below that, so the low may have moved, and you should check a live chart.\"}},{\"@type\":\"Question\",\"name\":\"Is the Fortis share price expensive?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The trailing P\/E of 51.89 is below the industry P\/E of 59.59, but the price to book is 5.61 and the PEG ratio reported by MarketsMojo is 3.4. So it is not clearly low, and growth and returns need to hold for the multiple to be justified.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fortis share price at Rs 729 is below the Rs 745 stop-loss of Sumeet Bagadia&#8217;s buy call (target Rs 892). RSI, 52-week low, valuation and what to check before acting.<\/p>\n","protected":false},"author":35,"featured_media":321062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[14045,14046,7543,7702,14043,7949,14044],"class_list":["post-321064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-buy-call","tag-choice-broking","tag-fortis-healthcare","tag-fortis-healthcare-share-price","tag-fortis-share-price","tag-stop-loss","tag-sumeet-bagadia"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["321062"],"rank_math_title":["Fortis Share Price Falls Below the Rs 745 Stop-Loss"],"rank_math_description":["Fortis share price closed at Rs 729, below the Rs 745 stop-loss of a Buy call with a Rs 892 target. 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