MAXHEALTH trade ideas
MaxHealth looking for max reversal #SuperchartzKey levels:
Support: 500
Resistance:600
Write-ups:
Support reversal in stock trading carries compelling significance that can captivate traders:
1. **Strategic Insight**: Convey how spotting a support reversal offers a strategic advantage by identifying potential trend shifts before they become widely recognized.
2. **Profit Potential**: Emphasize the appeal of buying at a support level, presenting an opportunity to enter a stock at a potentially lower price before an upward move.
3. **Risk Mitigation**: Highlight how recognizing a support reversal helps traders set stop-loss levels more effectively, reducing potential losses if the reversal fails.
4. **Contrarian Approach**: Frame support reversal as a contrarian play, showcasing the allure of going against the crowd to capitalize on opportunities others might overlook.
5. **Technical Confirmation**: Illustrate how support reversal aligns with technical indicators, adding credibility to the decision-making process.
6. **Psychological Edge**: Explain how successfully trading support reversals boosts confidence and enhances a trader's psychological resilience.
7. **Entry Timing**: Showcase how it enables traders to time their entry points with precision, maximizing the potential for gains.
8. **Dynamic Analysis**: Position support reversal as a dynamic aspect of technical analysis, offering a continuous stream of opportunities for traders.
9. **Adaptable Strategy**: Emphasize how support reversal complements various trading strategies, making it an adaptable tool for both short-term and long-term traders.
10. **Educational Value**: Present it as a valuable learning opportunity, where traders can deepen their understanding of price patterns and market psychology.
11. **Community Connection**: Highlight the sense of community and camaraderie that arises from discussing and strategizing around support reversals with fellow traders.
12. **Potential for Big Moves**: Convey the excitement of potential significant price movements that can follow a successful support reversal, leading to substantial profits.
13. **Risk-Reward Balance**: Discuss how traders can manage risk and reward effectively by incorporating support reversal analysis into their trading plans.
14. **Chart Storytelling**: Frame support reversal as a compelling narrative on price charts, where traders decipher the story behind shifts in supply and demand dynamics.
15. **Long-Term Growth**: Illustrate how consistently identifying support reversals contributes to long-term portfolio growth and wealth accumulation.
Remember, trading involves risk, and it's important to conduct thorough research and analysis before making any trading decisions. The significance of support reversal lies in its potential to enhance trading strategies, but successful implementation requires skill, knowledge, and a disciplined approach.
Bank index continues to be Neutral while Nifty is Bullish Expect a fairly low move expiry on BankNifty as called earlier in the week. Strangles have had good decay so far. No surprises expected in the Repo rate announcement tomorrow given the CPI coming in within expectations.
MaxHealth bullish at ATH. Expect a good move to 690 levels.
Upcoming break out in max health care.... upcoming break out in max health care but don't be too fast to jump in .....the deal was done with huge volumes between promoter and institutions. in this type of deals they drags the price 1:1 to down side, from the low of which date the deal was happened. any day high breaks above 405 is considered as a good thrust to upside....100 point tgt and still can hold it to 700 for long term.
Today 22.08.22 could be a good price action for this stock. myself will take trade from above said levels with a quantity of 2000 around. sl can't be defined at this point however 366 with buffer could be SL if moved with momentum.
Max Healthcare Institute LtdThe Company provides healthcare services across secondary and tertiary care specialities, focusing on oncology, neurosciences, cardiac sciences, orthopaedics, renal sciences, liver and biliary sciences and minimal access metabolic and bariatric surgery (“MAMBS”) at the Network Healthcare Facilities.
Closing above 449 wil bring 500 , 522
Trading above 10 , 20 , 50 , 100 , 200 EMA
Company with good fundamentals except valuation.
Recommended to enter above 449
MAXHEALTHMAXHEALTH- It has formed descending triangle pattern. It has two possibilities. No1: If it breaks the triangle upside it will go towards the target marked.
No;2 If it breaks the triangle down side then fall will be there until its marked.
Disc: Only for learning purpose. Not trading Recommendation.
Max healthcare Max Healthcare trading in symetrical triangle pattern
Either side breakout can give good swing trading opportunity.
I am expecting upside breakout.
Risky trades can enter near below tradeline with SL below trendline on closing basis.
Safe traders can wait for breakout and enter on breakout or retest.
Targets for Swing Trading are 400, 420, 440 and 450+ too. Investors can hold for bigger targets.
Please like and follow.
-Saptarish_Trading.
MAX HEALTHCARE - Butterfly PatternThere is a trendline breakout on both Price and RSI on the weekly chart of Max Healthcare.
There is also a probability of Butterfly Pattern on the chart and if it unfolds stock can see 430, 490, and 540 levels in the coming months.
1. Type of Trade: Positional Long Trade
2. Buy on dips
3. Price Should sustain above 330 - 350 price zone.
MAX HEALTHCARE - Short-term Trend AnalysisMAX HEALTHCARE - Short-term Trend Analysis - Price action
1. Good breakout happen a week ago, and now at the retracement lower level.
2. Should not breach this level, it breach means it will be on the downtrend.
3. If the stock opens and closes above 376, then the stock 1st target will be 388 and the 2nd target is 420
4. Only for the swing trade, strictly not for the long term.... since stocks trading at 5.69 times their book value.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...