VIRUSSOUL

THERMAX BREAKOUT ON WEEKLY CHARTS.

Long
BSE:THERMAX   THERMAX LTD.
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.