Consolidation breakout and pull back price should continue to upward direction . Please observe chart I have made detail information in chart . (Target and stop-loss )
MAX VENTURES: 1) Trading in ascending Triangle 2) Wait for the Breakout to take entry 3) candle closing above 135 can be a good time to enter 4) target levels are mentioned in the chart
Call it Cup and Handle Pattern or an inverted Head and Shoulder pattern , the impact of the outcome is more or less the same. Ride the pattern.
Breakout from Channel pattern high probability trade.. Pls follow the SL and enter with your risk appetite
Price BO above a resistance level.. Can hit previous ATH levels
Date: 17 June 2020 Max Financial Services (CMP 490.15) Chart Pattern: Ascending Triangle Pattern. Stock has to go up and close above 500 level for 4-5 trading sessions for strong confirmation. Company is virtually debt free. T1: 540, T2: 567, T3: 610; SL: 450 Target date: 03 Sep 2020
Buy the dips towards 515-518, for targets 537 - 550 - 564. S.Loss 503/-
MFSL could head for a correction towards 425/380