📊 DETAILS Sector: Engineering - Industrial Equipments Mkt Cap: 39,919 cr Thermax Limited offers solutions to energy, environment and chemical sectors. The Company’s portfolio includes boilers and heaters, absorption chillers/ heat pumps, power plants, solar equipment, air pollution control equipment/system, water and waste recycle plant, ion exchange resins...
#THERMAX trading above Resistance of 3916 Next Resistance is at 5218 Support is at 3428 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
#THERMAX trading above Resistance of 3428 Next Resistance is at 3916 Support is at 2635.60 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
THERMAN (1D TF) - Swing Trade Analysis given on 28th Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Volume Spike at Resistance - Done ✓ - Breakout - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #THERMAX
This is follow-up on Thermax. Can check link to related ideas. Target 1 achieved. More than 22%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
I daily make educational content videos for swing / positional trading
This chart is self-explanatory, with highlighted 3 pairs of trendlines, 3 breakouts, 1 support level, and 2 resistance levels. . CMP - Rs. 2377 RESISTANCE - 1: Rs. 2501 RESISTANCE - 2: Rs. 2618 SUPPORT - Rs. 2214 . Chart Patterns - Bullish Flag, Bullish Symmetrical Triangle, Descending Channel . This is just a view by an expert analyst, please invest at your own...
Good Short term trade - Analysis report. Has formed a good Inverted head and shoulder :) and over all uptrend is intact... guess stock has long way to gooo....it is just start. Buy nearer stop loss around 2250 or Near neck line as stock may come to retest the neck line(If we have patience :). and consider neck line was SL Target 2600+ .. Keel Trailing stop...
Stock is moving in higher high direction, again retested BO level, keep look at entry level and target.
The stock has confirmed its reversal. Its time to accumulate the share. But the safe trader cannot enter yet. The trend lines need to be taken out for a safe trader to enter. Thermax is old company which has shown massive returns recently. The company owner family is amazing and down to earth, they have Mr. Tata level vibes. Which is a symbol of trust for...
One can look to add thermax at current levels as it tries to respect its trendline. I still believe that we (Indian Stock Market) will continue to outperform the US markets. Good zone to accumulate/buy. But if the current levels break, then exit; do not take unnecessary risk.
#Thermax Long (11 Aug) RSI- 60 Trading in range since Jan around 2100 Yesterday's volume was good Buy at CMP- 2140 or at 2100 SL- 2060 Target- 2235, 2330 Join us, Learn more, Earn more We are not SEBI registered advisor Charts and views are only for educational purpose #NSE
After a LowerLow starts a fresh wave with Shunted further Enters Q1 RRG in style
NSE:THERMAX #NSE:THERMAX shaed with entry @ 2007 and zoomed up to 2347 = 340 points. further good above 2320, support levels marked for practice. Check out the details below the chart, signature column. Happy LEarning !!
Thermax Limited offers solutions to energy, environment and chemical sectors. The Company’s portfolio includes boilers and heaters, absorption chillers/ heat pumps, power plants, solar equipment, air pollution control equipment/system, water and waste recycle plant, ion exchange resins and performance chemicals and related services.
Swing Trade-Thermax Has Formed Inverted Head & Shoulder Pattern Breakout Daily Time Frame. Expect a 5-10 % Return on This Stock .only Education Purpose .
Breakout in Thermax Limited with very high volume......