MAXHEALTH trade ideas
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.
2 Week Target of 20%Clear Confirmation of Break of Resistance
Good Clouds of Health Care Business
India being a Medical Tourism Place, Up trend is expected
5% stop loss to evade any negative news post meeting
Max Healthcare INS LtdMax Healthcare Ins Ltd
Buy above 915.
stop below 835
Target 983 and if it crosses 983 then keep holding with a trailing stop loss
Max health looking strong looking a new high in upcoming weeksThe last trend is positive and it remains strong with the upcoming up move of 20-30% upside with Sl near 865 its strong support, so plan with your risk appetite, it's only for education purposes.
#MAXHEALTH (Weekly)⚡️Low Debt
⚡️5Y Profit Growth of 780% CAGR
⚡️DIIs increasing stake
⚡️ATH Breakout and Retest
🔵 CMP 935
MAXHEALTH BULLISH BR OUTEAKIts a bullish breakout with huge volume.Its a up flag and good consolidation of flag pattern breakout.
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
Symmetrical Triangle Pattern Symmetrical Triangle Pattern
MAXHEALTH
+ Bullish Sector
+ Bouncing from 50 & 20 EMA
Maxx healthcare Stock trading below its intrinsic value its Best Buy for long term .Avoid futures and options it carries sustained risk if not managed properly.Options are contract carrying risk that are deeper to your pockets.Trade wisely and stay safe …..
RSI + Symmetrical Triangle Breakout With Good Momentum-Rsi already given breakout showing strength in the stock
--trading near upper resistance and should break it easily
-Above all major EMA & Volume is alao decent in lower time should rise when it gives breakout
-keep in watchlist this will give fast momentum above resistance area
MaX Health_Buy_Long++ M.Cap ₹ 71,859 Cr., Low Debt, 115% CAGR - 5 yrs, Sales/Profit ++, EPS/CF ++
-- Promoter holding 23.8% (-51.5% over last 3 yrs), Low RoE 11.0% over last 3 yrs
Buy on dips only
#MaxHealth is getting ready to heal the pain #SuperChartzKey Levels:
Support: 830 Closing Basis
Resistance: 900, 999, 1099
Key Drivers:
Max Healthcare Institute Limited, India's second-largest hospital chain, offers a diverse array of healthcare services, including complex procedures like transplants, robotic surgeries, cardiac, neuro, orthopedic, and oncology surgeries. They have 17 facilities with a current capacity of ~3,530 beds, boasting a ~75% occupancy rate. Their Max Lab has 435+ partner-run CCs, 23 CoCCs, and ~170 PAS. Max@Home conducts 3,000+ daily billed transactions and has 14 specialized services. Max MyHealth, their digital platform, accounted for ~21% of H1FY24 revenues. They have significant strategic partnerships with Deakin University and Imperial College London, with ~1,000 high-index journal research publications in the last 5 years and 500 completed clinical research projects. Max recently acquired 550 bedded Sahara Hospital for ~Rs. 940 crs and aims to double its bed capacity with a planned brownfield expansion of ~2600 beds and potential to add 1,000 beds through land parcels. They plan to add beds in NCR as follows: FY24: 300 beds for Rs. 918 crs, FY25: 819 beds for Rs. 1592 crs, FY26: 1100 beds for Rs. 1377 crs, FY27: 521 beds for Rs. 552 crs, FY28: 1350 beds.
The company has a significant market capitalization of ₹84,041 Cr, with its current stock price at ₹865, fluctuating between a high of ₹910 and a low of ₹412. Its price-to-earnings ratio (P/E) stands high at 79.5, indicating investor optimism. The book value per share is ₹80.7, and the dividend yield is 0.12%. It maintains healthy returns with ROCE at 15.0% and ROE at 16.1%. The operating profit margin (OPM) is robust at 27.9%. The company's EPS is ₹10.9, and it demonstrates strong performance compared to the industry with a return over three months at 39.4% and return over three years at 65.2%. The return on assets is 11.4%, showcasing efficient asset utilization. It generated significant sales of ₹5,198 Cr. The enterprise value is ₹82,910 Cr, with an EVEBITDA ratio of 51.0. The debt-to-equity ratio is low at 0.08, reflecting a healthy financial structure. Overall, the company exhibits strong financials, profitability, and market performance.
MAXHEALTHmaxhealth care bullish structure
Good base formation near 600-602 region
Approaching the all time high resistance
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.
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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.
Ascending Triangle in Max Healthcare
Max Healthcare is forming Ascending Triangle pattern(which is bullish pattern).
It is trying to break its all time high levels
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.
Max Healthcare Max Healthcare showing good Structure for Further rally, Good for Swing & Long Term Investment
Investment Idea - MAXHEALTH CMP 591Investment Idea - MAXHEALTH CMP 591
facing resistance at 602 - 618
Buy with the target of 658.
12% Upside Potential
Max healthcare longMax healthcare long above 550
CMP 545
stoploss 495 (Daily candle closing basis)
Swing trade
Target 1 590
Target 2 617
Long term
Target 1 650
Target 2 700
Excellent Q1 results
capex is good.
