2024-03-28 12:34:40 pm | Source: Religare Broking Ltd
Stock of the day : Max Financial Services Ltd For Target Rs. 1070 - Religare Broking
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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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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