28-03-2024 12:34 PM | Source: Religare Broking Ltd
Stock of the day : Max Financial Services Ltd For Target Rs. 1070 - Religare Broking

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Max Financial Services Ltd

* MFSL has registered a breakout from the brief consolidation with strong volumes, offering fresh buying opportunity.

* At the similar juncture, it has recorded a breakout from the intermediate falling resistance trendline.

* Following price action and formation of bullish gap pattern, suggests price to gradually inch higher to challenge its previous swing high.

* We thus recommend creating fresh longs in the mentioned range.

Buy Max Financial Services Ltd CMP 1015.80 Range 1013-1017 SL 988; Target 1070


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