Techno Funda – Max Healthcare Institute Limited

MAX HEALTHCARE (CMP – ₹1,050) SHORT TERM PERSPECTIVE

Max Healthcare Institute Limited (Max Healthcare) is one of India’s largest healthcare service providers, providing integrated healthcare services through a network of primary care clinics, multi-specialty hospitals, medical centres, and super-specialty hospitals. It delivers secondary and tertiary care across a wide spectrum of specialties, with main centres of excellence in oncology, neurosciences, cardiac sciences, orthopaedics, renal sciences, liver and biliary sciences, and minimal access metabolic and bariatric surgery (MAMBS). Max Healthcare operates two strategic business units – Max@Home, which provides home-based healthcare and wellness services, and Max Lab, which offers pathology services outside the hospital network. It operates 22 healthcare facilities with over 5,200 beds, supported by more than 5,700 clinicians across 30+ specialties, mainly focused in NCR Delhi, Haryana, Punjab, Uttarakhand, Maharashtra, and Uttar Pradesh.

MAX HEALTHCARE | CMP: ₹1,050 | Bullish Bias | Target: ₹1,100 – 1,120

Max Healthcare Institute Ltd is currently trading around ₹1,050 and showing a positive setup from a technical point of view, though it is still near an important resistance level. The stock is facing resistance around its 200-day EMA, which usually acts as a strong barrier, but on the positive side, it has already moved above its 100-day EMA, indicating improving strength and buying interest. In simple terms, the stock is trying to move higher but needs to cross ₹1,060 decisively to confirm a strong upward trend. If it manages to break above this level with good momentum, it can attract fresh buying and may move towards ₹1,100, ₹1,120, and even ₹1,150 in the short term (next 2–3 weeks). The volume pattern is stable, which supports the positive bias and suggests the move is not weak. From a trading perspective, one can consider buying only above ₹1060 with a stop loss of ₹1020.

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