THERMAX- INVERTED HEAD & SHOULDERS PATTERN BREAKOUT.Swing Trade-Thermax Has Formed Inverted Head & Shoulder Pattern Breakout Daily Time Frame. Expect a 5-10 % Return on This Stock .only Education Purpose .
THERMAX trade ideas
THERMAXResitance breakout after a decent consolidation. The ARS and SRS is positive. CRS is also positive. This is only for study purposes
Inverse Head and Shoulder in ThermaxThermax -> Daily Setup
Inverse head and shoulder breakout in Thermax, with volume confirmation.
CMP: 2230
Good range to add: 2100 to 2200
Targets: 2540
Stoploss: 1938
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Thermax Analysis !! Broke Out.📈 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 basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
THERMAX on imp level!!!!!!After creating a double top thermax closed at neckline...all we need to do is wait for the break and retest in order to enter swing sell....this is not sure shot information it could possibly reverse as well...so please do your own analysis before taking trade..this is just my knowledge that i am sharing with u guys take it as a knowledge purpose...i hope it will help you understand market potential... THANKYOU:)
THERMAX THERMAX
CMP - 2099
Target - Open
SL -1280MCB
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THERMAX LOOKS GOOD RANGE BREAKOUT BUY 1870-1880 T1 1945 T2 1980 SL 1728-DKM SIR
buy as per your risk
Buy at 1750It gives multi years channel breakout
It has good volumes at breakout
Rsi is also above 60
In daily time frame it is making pole and flag patter
That indicates it will give goodupmove in coming days
Thermax looking strongThermax has broken a key resistance and is showing strength even in weak market. This can play out on 3 month to 1 year timeframe.
THERMAX, good volume and BOBREAKOUT, volume accumulation., hidden RSI DIVERGENCE, can hold for 2-3 weeks and can expect target of 2100 levels
THERMAX case studyElliot wave
chart pattern
RSI consideration
good investment candidate,,
use dips to add
keep learning dont be dependent
#Thermax updated harmonic#Thermax is on fire
harmonic target achieved in the daily timeframe
Fresh breakout
long term target -1757/1988/2050
SL-1500
CMP:1628 @ 15 November 2021
Timeframe - 3- 6 months
Sharing only for educational purposes
THERMAX Perfect Swing SetupTHERMAX
Buy-Above 1580
Sl- 1500
T- 1757 1988 2050
The stock s ready to break out in weekly timeframe. Buying can be seen near this zone currently. Confirmation Above 1850.
It has good potential upside.
Falling channel breakoutIts successfully breakout at falling channel anticipated sharp move at up to 10% soon....
Thermax Huge Volume Wave 5 beginsThermax today came out of long consolidation and gave flag breakout.
Wave 5 is started and expecting to go towards 1900.
Other details with entry and stop loss on chart.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis.
thermax box pattern + parallel channel weeklyThermax moving in the parallel channel in the weekly time frame
now in a consolidation phase in a box pattern in the daily time frame
buy - cmp , add till 1275
stop loss - 1275
target - 1590 , all time high
swing is kingthermax is good for swing , its already broken and got closing watch and enjoy your trade
THERMAX LONG VIEWTHERMAX LONG VIEW
Multi-Year Breakout done & re-tested
Now attempting for a upside move from the consolidated descending channel
TARGETS: 1700/1800+ SL: 1260 MID TERM VIEW
*For educational purpose only
