Short-term trade idea: Max Healthcare forms bullish reversal
Max Healthcare shares surged over 6% on Monday after the Central Government Health Services (CGHS) announced a revision of rates for nearly 2,000 medical procedures under the scheme. This move boosts realization outlook for hospital chains handling CGHS cases. Analyst Deepak Pal sees short-term upside to ₹1,200 if ₹1,135 support holds.