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Maxfinancial

MAXFINSERV: Massive Breakout After 6 Months | Target 1,900+STRONG BUY Setup 💰 Entry: ₹1,718-1,730 (Current Level) Target 1: ₹1,756-1,770 Target 2: ₹1,794-1,810 Target 3: ₹1,850-1,880+ (Extended) Stop Loss: ₹1,672 Technical Rationale: EXPLOSIVE BREAKOUT from 6-month rectangle consolidation (1,450-1,680 range - blue shaded) Massive +5.09% surge with exceptional volume spike (4.18M - highlighted with blue arrow) Breaking above long-term resistance at 1,672-1,680 convincingly Trading well above rising EMA - strong bullish trend RSI spiking above 75 - very strong momentum (but watch for overbought) Volume is highest since July - institutional buying evident Financial services/insurance sector showing strength Price action similar to July breakout (noted with green volume bars) Multiple resistance levels mapped: 1,725, 1,756, 1,794 Clear support established at breakout zone 1,672-1,680 Rectangle breakout pattern - measured move suggests 1,900+ target Risk-Reward: Excellent 1:4+ ratio for extended targets Pattern: Rectangle Consolidation Breakout on Daily Chart - highly reliable bullish pattern after 6 months of base building Strategy: Medium-term swing to positional (weeks to months) Book 25% at T1 (1,765), 25% at T2 (1,800), trail remaining 50% with SL at 1,730 after T1 Strong momentum could lead to gap-up continuation Key Levels: Breakout Zone: 1,672-1,680 (now critical support) Strong Resistance: 1,725, 1,756, 1,794 Major Support: 1,672, 1,650 Timeframe: Daily chart - suitable for swing/positional traders Volume Analysis: 4.18M volume - exceptional and highest since July breakout attempt. This confirms strong institutional accumulation Sector: Financial Services/Life Insurance - Max Life Insurance parent company, benefits from insurance growth story Measured Move: Rectangle height (~230 points) added to breakout = Target of 1,900-1,910 Historical Context: Similar volume breakout in July led to rally but failed. This time breaking with even stronger momentum and cleaner base. Disclaimer: For educational purposes only. Not SEBI registered.
NSE:MFSLLong
by rmhetre15
Buy Max Fin Service above 960HI, speaking of last post it hit the target 1 for Intraday and now today it came to our entry point 184 and we shorted it there and now its CMP is 179, so pretty good gains there. The next stock pick is MAX FINANCIAL SERVICES, it is something to go long on in the previous weeks it made a DOUBLE TOP and gave a corrective fall from there and now it is in a falling channel which a bullish pattern. What I see in MFSL: Near Daily demand zone Support of Fib 78.6% at 920 Channel can be broken on the upside BUY ABOVE - 960 Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:MFSLLong
by this_is_shoaib
1
Buy Max Financial at 1050 or higherBuy Max Financial at 1050 or higher for Targets of 1183 and 1325. Fundamentals: Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 12.18% The company has declared Positive results for the last 3 consecutive quarters: PAT(Q) At Rs 62.34 cr has Grown at 272.7 %NET SALES(Q) Highest at Rs 9,759.75 cr It is ranked 71 across all Large Cap and 419 across the entire market Market Beating performance in long term as well as near term: Along with generating 103.29% returns in the last 1 year, the stock has outperformed BSE 500 in the last 3 years, 1 year and 3 months
NSE:MFSLLong
by Mukadam