📈 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...
-Takne support of 50 MA
- Created hammer after downtrend
- if sustain today then we may see good up move in midcap
- find good stock of midcap and good to add in portfolio
This is just my personal view and for educational purpose
BSE 400 MID SMALL CAP
4 hour chart view
Support of 5195 needs to be held.
RSI has exited overbought zone and
further fall below 5195 can extend into
a correction to test the retracement of
of 38.2% -5013 which can put
pressure on the stocks.
Support on monthly chart is at 5082-5049.
RSI on monthly chart has hit the overbought.
Violation of support can set a...