🏥 Max Healthcare Rebounding from Key Support Zone!

🔎 Technical View Elliott Wave Structure: The stock recently completed a corrective leg and is now showing signs of entering a fresh impulsive move. AVWAP Support: Price has bounced from the AVWAP line (~₹1,165), which has consistently acted as a dynamic support in the past. Price Action: Strong base formation visible near ₹1,160–1,170, followed by a reversal candle setup suggesting short-term bottoming out. Momentum Outlook: Sustaining above ₹1,165 can trigger a rally towards ₹1,250–1,300 in the coming sessions. 📊 Fundamental View One of India’s leading private hospital chains with consistent revenue growth. Strong ROCE & ROE, driven by expanding healthcare demand and operational efficiency. Balance sheet strength and sector tailwinds make it a long-term structural story. ✅ Key Levels to Watch Support: ₹1,165 Immediate Resistance: ₹1,225 Targets: ₹1,250 – ₹1,300 on momentum continuation