this_is_shoaib

MAXHEALTH Potential Intraday/1 Week Swing

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this_is_shoaib Güncellendi   
NSE:MAXHEALTH   MAX HEALTHCARE INS LTD
MAXHEALTH has been Consolidating near the Support zone which also seems to be a prior Resistance, looks good for potential upside of 5%-8%.

Reasons to be bullish on MAXHEALTH:
1.Resistance becoming support is a bullish signal.
2.Impulse move from these levels seen before.
3.RSI is on good levels leaving space for bulls.
4.MACD is turning bullish but not moving too much, we can see it as an accumulation phase.
5.The support level is also 31.8% fib support.

BUY AVOVE: 343
Already given a breakout on 1 Hour timeframe so entry can be taken.

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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
İşlem kapandı: hedefe ulaştı:
All three targets hit in one day almost 10% booked.
Godspeed
Feragatname

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