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THERMAX BREAKOUT ON WEEKLY CHARTS.
THERMAX LTD.
Long
THERMAX BREAKOUT ON WEEKLY CHARTS.
By VIRUSSOUL
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Apr 15, 2017
1
Apr 15, 2017
THERMAX Stock price has broken the crucial resistance around 945 - 960 on the weekly charts.
Short term moving average has Placed above the long term moving averages and It has been created a long term trend reversal on Weekly Charts.
MACD oscillator has showing strength and Trading above its signal and equilibrium line.
So One can Initiate a Long Position in
THERMAX
At CMP for a Target of 1140 With a Stop loss Placed at 937.
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