Stock of the day : Max Financial Services Ltd by Target Rs. 1680 - Religare Broking Ltd

Max Financial Services Ltd
Buy Max Financial Services Ltd CMP 1588.40 Range 1585-1590 SL 1550 Target 1680
* MFSL has shown strong upward momentum, reaching a five-week high and reflecting sustained bullish strength.
* The stock remains well-supported by key short- to medium-term moving averages, including the 21, 50, and 100 DEMA, accompanied by rising volumes.
* It is currently trading within an ascending channel and forming a flag pattern, a classic indication of bullish continuation.
* Given the technical setup and underlying strength, investors may consider initiating long positions near the recommended levels.
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