Buy Max India Ltd. target Rs 160 : Prabhudas Lilladher

Prabhudas Lilladher has a Buy call on Max India Ltd. with a target price of Rs 160 .The current market price of Max India Ltd. is 151.05 Time period given by analyst is week when Max India Ltd. price can reach defined target. Prabhudas Lilladher recommended to keep stop loss at Rs 145.
The stock has made a bottom at around 140 levels and has now closed above the significant moving average of 34 WMA. The RSI being positive is on the rise along with the MACD reversing its trend on the positive side.