via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine Sensex, Nifty, Share Prices LIVE: The stock of Max Healthcare found support at ₹1,000 last week and started to recover. It has now broken out of a resistance at ₹1,100 and the price is now above 20- and 50-day moving averages. This move provides confirmation that the stock has gone past the correction phase and resumed the uptrend. From the current level, there might be a price drop to ₹1,100. But we expect it to eventually appreciate towards ₹1,300 in the near-term. Therefore, participants can go long at ₹1,145 and accumulate more shares if the price dips to ₹1,100. Place stop-loss at ₹1,060. When the price rises to ₹1,220, raise the stop-loss to ₹1,150. Tighten the stop-loss further to ₹1,220 when the stock touches ₹1,270. Book profits at ₹1,300.