#MFSL Max Financial Services Ltd. looks good for more upside. Reclaimed a very important S/R zone (orange); Currently at Golden fib zone. Also, Insurance sector overall seems to be gaining momentum. Expecting an upside of about 20-30% in coming weeks/ months.
Strong reversal on cards, Base consolidation and maintaining strict stoploss can provide big chance of making green. Singapore government is watching closely. Their entry bounce and reversal and bounce back.
TECHNICALS 1. Above 200 Moving Average 2. Long Trendline Break and sustain 3. Resistance Breakout and Retest 4. Hammer pattern at the retest FUNDAMENTALS 1. Profits increasing every year 2. FIIs & DIIs Increased holdings June Quarter 3. Fundamental score of 8/9
📈 Technical Analysis Overview: MFSL witnessed its highest delivery % volume on 09-11-2023, indicating strong market interest. The chart also suggests a breakout based on pattern formation. 📊 Price Levels: - *Buy Signal:* Initiate a long position on MFSL if it closes above ₹940.25. - *Stoploss:* Set a stoploss at ₹918.10 (closing basis). 🎯 Profit Targets: - *1st...
Mfsl share down weekly chart Wave A Wave A internal 1,2,3,4,5 Any stock ya index first down side complete 5 wave indication Zig Zag Correction . Wave B bounce can not cross 62 % retracment wave A and again Wave C break low Wave A Wave c internal 1,2,3,4,5 or Wave B internal a,b,c
insurance sector is on fire from last week , among insurance stocks i looking towards mfsl is at deep level and expecting 8.50% upside within 8 days, volume and momentum on chart with fundamental view is looking strong its my personal view
Dear Guys, hello guys so today I have done a research on NSE:MFSL so basically my view is bullish because it has good volume at down and we are getting this street with lower risk and higher reward so people who follow me can take this trade before any news comes whenever stocks go up or go down on charts we can see it clearly before anything happens so this is...
MFSL buying opportunity After breakout retested Wait for 833 level to break if it sustain, you can hold this trade for 1-2 weeks NSE:MFSL
1. Invest 30% of your in MFSL target 30% in next 2 months
There is a possibility of breakout in MFSL both in Daily and Weekly timeframe. Please add this stock to your watchlist. DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
HI, 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...
Buy 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...
After a period of correction, MFSL has started moving up again. A retest of the trendline resistance and bounce has indicated that the trendline might be now acting as support level. Also, there is a bounce from 50 EMA which has acted as support and price has closed above this level for the last 4 sessions. 50 EMA has also turned up. MACD has turned bullish, as...
MFSL above 1112 should give symmetrical triangle & Trendline breakout.May hit 1142-1150-1160++ very short term.
MFSL looking strong and ready to break out. A close above trendline around 1040 with volumes and strength, you can long for a target of 1060 / 1100 with SL of around 1000. Consider for short term.
MFSL Good in Bullish Side, can go for buy side
Dear trader, If u look at the chart of MFSL (analysis based intraday only) the MFSL Buy at 863 and Target at 875. Best Buy at 850. Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade. Best Buy level might be executed or might not be executed. The chart clearly indicates Bullish Trend you can also...