Stock Radar: Channel breakout makes Max Financial Services an attractive buy; check target & stop loss

Max Financial Services stock has broken out of a channel pattern on its weekly chart. Experts suggest short-term traders can buy the stock for a target of Rs 1,820 in the next 3-4 weeks. The stock is trading above key moving averages and shows positive momentum. Traders can consider buying on dips with a stop loss below Rs 1,640.