PrasantaP

Chart Of the Week !! 14 March 2021 !!

Long
NSE:THERMAX   THERMAX
* Two chart pattern completing at the same time ( Cup & Handle and Rectangle ) in Monthly time frame High conviction set up . Just before the breakout of C & H pattern made a rectangle pattern also .That very much convincing the reliability of breakout .
*Price has also trading all the important moving averages.
*If we look at the volume part, significant volume activity is witnessed at the time of breakout.
*Considering all technical evidences we may see good up move in Thermax Limited .
*Time period - 06 to 12 Months Target of 3000.00

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