Max Healthcare Institute Ltd - Breakout Setup, Move is ON...#MAXHEALTH trading above Resistance of 991
Next Resistance is at 1392
Support is at 721
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MAXHEALTH
MAXHEALTH - Price Observation & OverviewOverview & Observation:
1. Trendline trap.
2. Good volume breakout.
3. Strength in buying.
4. Broke recent ATH.
Trade Plan:
1. Best entry was around 850. One more aggressive entry can be planned but the risk will be higher in that case.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
MAXHEALTH - Ichimoku Breakout📈 Stock Name - Max Healthcare Institute Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 900.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku
MAXHEALTHMAXHEALTH:- Triangle pattern has formed, wait for the breakout.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Unveiling the Potential in MAXHEALTH's Current TrendWelcome, traders! Today, we're diving into a fascinating analysis of MAXHEALTH, a stock that's showing some intriguing movements on the charts.
Understanding the Current Situation
MAXHEALTH has been a topic of interest lately, especially as it comes down from its all-time high.
Our focus will be on its behaviour around the 125 minute demand zone.
We'll analyse its movement on different time frames to get a comprehensive view.
Technical Analysis of MAXHEALTH
On the the daily chart, MAXHEALTH displays a clear uptrend. Notably, the price is reacting from the 20-day Exponential Moving Average (EMA 20) and an uptrend line. This confluence of indicators suggests a strong bullish momentum.
Furthermore, in the weekly chart, there are no significant supply zones overhead, indicating a relatively clear path for potential upward movements.
The Power of Demand Zones
In our 125 minute chart, we observe a robust demand zone. After this zone was established, MAXHEALTH broke its previous all-time high. The price has now returned to this demand zone and is showing positive reactions.
Trading Strategy and Risk Management
Considering the current scenario, planning a buy trade seems promising. Your stop loss (SL) should be placed just below the demand zone. As there are no immediate supply zones on the HTF, one could consider riding the rally, periodically trailing the stop loss.
For those targeting specific gains, the first target could be the all-time high of MAXHEALTH.
Please note that this analysis is for educational purposes only, and I am not a SEBI registered analyst.
MAXHEALTHNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
MAXHEALTH - Ichimoku Bullish Breakout Stock Name - Max Healthcare Institute Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 553
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
BREAKOUT IN MAXHEALTHBUY - MAX HEALTHCARE INSTITUTE
CMP - Rs. 471
Target - Rs. 710
.
.
Technicals -
1) Bullish Symmetrical Triangle BO
2) Multiple Resistance BO
.
.
Fundamentals -
1) Financial Analysis:
Looking at the financial performance of Max Healthcare, we can see that the company has shown consistent growth over the years. The revenue of the company has increased from INR 2,880.56 crore in FY2019 to INR 3,247.76 crore in FY2021, which is a CAGR of 12.6%. The company has also been able to maintain its gross margins at around 27-28% over the past three years. However, the company has been reporting losses for the past three years due to high finance costs and depreciation expenses.
The company's debt-to-equity ratio stands at 1.5, which is higher than the industry average of 0.6. The high debt levels can be attributed to the company's expansion plans and investments in new hospitals and diagnostic centers. However, the company has been able to service its debt obligations without any major issues.
2) Valuation:
Max Healthcare's current market capitalization is around INR 7,000 crore, and the stock is trading at a P/E ratio of around 108x. This valuation seems high compared to the industry average of 28x. However, the high P/E ratio can be justified by the company's growth prospects and the potential for higher profitability in the future.
Breakout in Max Healthcare Institute Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MAXHEALTH - Ichimoku Bullish Breakout Stock Name - Max Healthcare Institute Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 460
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Symmetrical triangle breakout in Max HealthChart -> Max Healthcare Weekly
After a beautiful uptrend, a consolidation was needed and that is what exactly has happened in Max Healthcare. A picture-perfect symmetrical triangle!
CMP: 413
Targets: 430, 458, and more
SL: 375, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
MAXHEALTHNSE:MAXHEALTH
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
MAXHEALTH : Convergence within 2%MAXHEALTH: On consolidation from past few days & currently 20/50/100/150/200 SMAS are within 2% of current close.
Add to watchlist and wait for breakout.
2022-07-15: SMA 20/50/100/ 150/200 In 2%. Stock is in Squeeze for past 3 days. Candle pattern: Dark Cloud Cover. close is above SMA 20 on D/W/M time frame. The monthly trend is +ve & Weekly trend Changed to +ve. On Weekly time frame, SMA13>SMA34>SMA 55 & Close crossed W SMA13 Upside
2022-07-19: SMA 50 crossed SMA 100. Close Cross WK & M-Pivots Upside. SMA 13 Crossed SMA 55 on a Daily time frame
2022-07-20: Cross Monthly Piv downside and candlestick formation: Dark Cloud Cover. Close Crossed W SMA 13 Downside
2022-07-29: Again SMA 50 crossed SMA 100 -Downside, Crossed Monthly Piv upsde M trend +ve & W trend Change to +ve. Again Close crossed D13, W13 Upside
Momentum is low, still in squeeze, and all SMA's are within 2% (Convergence).
Add to watchlist and wait for a breakout.