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 trade ideas
#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.
MAX HEALTHCARE LTD IN UP TRENDTake entry at cmp 602
1st target 691.80
2nd target 947
FII holding is unbelievable 51 percent.
Fundamentally strong counter,
Highest earning result of last quarter.
Long term pick . Be invested.
Max Healthcare Clean BreakoutNSE:MAXHEALTH has given a clean breakout and a simple stop loss at 620 can be followed for this share. Fundamentally we can see Hospital Stocks doing really well (business) and the numbers are definitely translating into stock price performance.
Amazing breakout on Weekly / Daily Timeframe - MAXHEALTHCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
Attempting to BOGreenline BO = Buy time
Redline = Strict SL
Blueline = Possible target, but use trailing SL.
--- --- ---
No act of kindness, No matter how small, is ever wasted.
- AESOP
Breakout soon- Ascending triangle pattern in formation
- VCP Pattern
- Trading above all major MA
- 52 Week high range stock with good fundamentls
Daily view - Maxhealthcare - Nov 20, 2023MaxHealthcare's chart indicates consolidation between two levels and is once again approaching the breakout level. A close above 630 could trigger a rapid upward movement, reaching Fibonacci levels.
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
REVERSE HEAD AND SHOULDERThis stock formed reverse head and shoulder pattern and breakout with increasing averge volume
Max Healthcare Bulish Head and shoulder Pattern
Price 563
Safe entry - 600
Revenue increase
RoE increase
Net Profit increase
Debt to Equity decrease
EPS Increase
Technical
Bullish
Good buying opportunity into Max HealthEntry Price: 528
SL :521
Target Price: 563
Actually, I was taken this trade for 1:5 & 1:10 target but unfortunately only one trade was executed as price move upward quickly after triggered.
Swing Trade - MAXEAfter a cool of in the market again it is gaining rally again. The targets are purple lines. Once it hits target one tail the SL to entry or above
3 Months 30% Stocks - Follow meInvestment startegy backtest result for 3 months 30%, which ever comes first. This is for your educational purpose only.
