The impact of the early monsoon rains in June 2025 on rural...
Technicals for Max Financial Services Limited
By MusingTheNews
2025-06-13 20:46
Overall Technical outlook
Price Summary
On 2025-06-13, Max Financial Services Limited's stock started at 1500.0, soared to 1531.8, dropped to 1497.3, and finished the day 1.73% higher at 1526.0, with a trading volume of 729505 shares. During the past 52 weeks, the highest stock price was 1536.1, and the lowest was 971.7. Analysts' predictions indicate that MFSL's future price will be between 1180.0 and 1500.0, with a mean price expectation of approximately 1389.4445.
Technicals
Support and Resistance: The price for MFSL at 1526.0 is supported by the 1522.3 level and faces resistance at 1522.3. This range indicates key levels where the price may find buyers near 1522.3 and sellers near 1522.3, defining a trading range. Support/Resistance for MFSL
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Max Financial Services Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for MFSL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Max Financial Services Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Max Financial Services Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Max Financial Services Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for MFSL, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Max Financial Services Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article explores the Reserve Bank of India's initiatives aimed at enabling...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.