I am looking to Go long for last ride of this script before the Major correction . Stop would be 1 % of CLB on 1 Hour form CMP
Thermax has clearly broken out of the c&h pattern and is expected to go to the usual c&h pattern target projections. Target projections are shown on chart. Trade after u do your own analysis of the stock.
The stock seems to be waking up after a long term consolidation of the past 3 years! If it can sustains these levels, then the next chapter in it can begin! Keep a watch out!
Stock is at support position, going long at CMP for target 1060.
Thermax closed above resistance zone and H&S pattern can lead it to 1316 kind of level
THERMAX Stock price has broken the crucial resistance around 945 - 960 on the weekly charts. Short term moving average has Placed above the long term moving averages and It has been created a long term trend reversal on Weekly Charts. MACD oscillator has showing strength and Trading above its signal and equilibrium line. So One can Initiate a Long Position in ...
Thermax has broken out of long term resistance trendline .... Buy : 870-900 Target 1 : 1150 Target 2 : 1300 Sl - 830
Thermax 8.34% is showing clear indication of trend reversal since new higher high and higher low is formed hence I am bullish on Thermax 8.34% . Please share your views.