Thermax Analysis !! Broke Out.

📈 Thermax 📉

Thermax is breaking out from a resistance after testing three times. It was taking  support at zone of 1650-1680 since December 2021.

On Buy Side I am looking for Targets of 2080-2100.

StopLoss should be kept in 1750-1780 zone.
It offers 1:1 Risk To Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: target reached:
Target Done.

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