Max Financial Services Limited stock forum


MFSL

​As of May 1, 2025, at 9:35 AM IST, here are the key daily support and resistance levels for Max Financial Services Ltd. (NSE: MFSL) based on recent technical analysis:​

🔹 Support Levels
S3: ₹1,011.58
S2: ₹1,020.37
S1: ₹1,030.43​

🔹 Resistance Levels
R1: ₹1,049.28
R2: ₹1,058.07
R3: ₹1,068.13​

These levels are derived from the Classic pivot point method, calculated based on the price range of the previous trading day. ​

📊 Technical Indicators
RSI (14): 50.14 (Neutral)

MACD: 1.57 (Sell)

ADX (14): 22.20 (Neutral)

Williams %R: -51.44 (Buy)

CCI (14): 68.41 (Neutral)

ROC: 3.45 (Buy)​

These indicators suggest a neutral to slightly bullish trend, with the stock trading near its 20-day moving average and showing mixed momentum signals. ​

📈 Moving Averages
20-day EMA: ₹1,073.42

50-day EMA: ₹1,109.36

100-day EMA: ₹1,118.91

200-day EMA: ₹1,086.00​

The stock is trading below its 50-day and 100-day EMAs, indicating a potential resistance zone around ₹1,109.36. ​

Note: These levels and indicators are based on historical data and are subject to change with market conditions. It's advisable to monitor the stock's price movements and consult with a financial advisor before making any trading decisions.​
Snapshot

MFSL Delivery Buy MFSL Above 1310 Stop Loss 1220 Targets 1400-1495

MFSL Delivery Buy MFSL Above 1093 Stop Loss 1015 Targets 1170-1255

MFSL Delivery Buy MFSL Above 1110 Stop Loss 1055 Targets 1165-1220


MFSL SELL @ 902-904 for a target of 871 . Selling pressure at higher levels. If it sustains below 870 on a daily chart, then more downside is possible upto 843.

MFSL Delivery Buy MFSL Above 906 Stop Loss 859 Target 960-985


long position on MAX Financials
Snapshot