* Two chart pattern completing at the same time (Cup & Handle and Rectangle ) in Monthly time frame High conviction set up . Just before the breakout of C & H pattern made a rectangle pattern also .That very much convincing the reliability of breakout .
*Price has also trading all the important moving averages.
*If we look at the volume part, significant volume activity is witnessed at the time of breakout.
*Considering all technical evidences we may see good up move in Thermax Limited.
*Time period - 06 to 12 Months Target of 3000.00
Kindly Let us know if you have any question.
*Price has also trading all the important moving averages.
*If we look at the volume part, significant volume activity is witnessed at the time of breakout.
*Considering all technical evidences we may see good up move in Thermax Limited.
*Time period - 06 to 12 Months Target of 3000.00
Kindly Let us know if you have any question.