Thermax is on the verge of staring a wave iii after a long leading diagonal . Watchout .
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...
trend line formation, buy at below Green trendline, sell at red line
With bullish pattern forming on a higher frame and a healthy higher high formation on lower timeframe , the stock looks good for a move up Levels plot available on chart for referrence
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.
Thermax Cmp 2127 dated 22-2-2023 1. Big Bullish Candle after a correction engulfing last 6 candles. 2. RSI Divergence 3. Volume rise Buy @ Cmp & in dips for a Tgt of 2180-2260- 2310-2400-2500 SL 1190 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for...
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.
On a uptrend on daily timeframe even in this bearish market Triangle channel breakout likely on daily timeframe T1- 2207 T2- 2340
Today My Last stock to pick is Thermax. So This stock crossed 52 week High price and Closed. This shows stock has bullish sentiment. To add further strength it breaks out trendline resistance also. I think its a far price from both trendline and 52W high, So if I got a chance, I will invest in this stock on either trendline or at 52W high point. Entry @ 2385-...
Thermax : At Strong Resistance Might breakout strong Long above 2366 with SL 2300
#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
Triangle Pattern Breakout in Daily Timeframe. Expecting of target 2800
Thermax Triangle Breakout in Daily. Looks alike Flag Pattern Breakout in Weekly & Monthly
After a LowerLow starts a fresh wave with Shunted further Enters Q1 RRG in style
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Thermax : At Strong Resistance Long only above 2230 with SL 2200