THERMAX trade ideas

mr-nm_0123

Broken the trendline and retested and formed bullish engulfing at support. It's good for swing traders to buy. It's only my view not a recommendation.

sachinnagpal1982

Thermax results were great in last quarter. Overall trend of thermax chart is upward, stock gave a breakout, made double top and now doing a full retracement to the last breakout levels. CMP to 2450 is a good buying range. Potential to give solid returns in 1-2 years time horizon.

YS9

Probably it may give breakout from the ratio chart hence keep it watch list for long candidate

Breakout-Ideas

Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose

Microcap_Investor

Thermax-Nice Breakout Capital to be deployed- 20k Investing Price -2550-60 Breakout Price -2533 Stoploss -2250 Targets -3193-3850 #thermax #StocksInFocus #StocksToBuy #stockstowatch #stocks #StocksInNews #SwingTrading #BREAKOUTSTOCKS

happyvegan10

Weekly candle BO being done and RSi and MACD showing strength Delivered good results too

trading_facts96

THERMAX Looking good for tomorrow Keep eye on tomorrow looking good for intraday as well as short term calls

tradewithvijay

NSE:THERMAX Inverted head & shoulder break out with high volume, Expected Returns - 16.09%.

UnknownUnicorn23160314 Updated 

Cup and handle formation and Inside days. Volume dry up on contraction. Buy stop order placed at 1818.5 SL at Inside day candle low with some buffer. Publishing for documentation of my trades.

hrishikamirwani

Bullish flag structure. Keep eye on breakout. Targets marked.

InvestIn10

-- very bullish setup -- price has sustained above 20 DMA during the market correction. -- high Del% -- stage breakout on both Price and RS charts.

gmaster29 Updated 

In consolidation mode. will hover within the box range. It will have a strong breakout in either direction, when it goes out of the box. Short term it will pull back to 1365 to fill the gap.

Panchalk Updated 

Thermax BO and then pullback, like a retest, now we have to wait and see how it behaves..on daily TF it has found support and there is a possibility it could see some upside...targets marked..market is king and in last few sessions it has been going down...let us hope for the best

manuagarwal21

Thermax has been trading in a range since March 2021. Currently, it is trading near the upper end of the range, any breakout on the upside might take stock to new highs.

Ganand1912

THERMAX - FII increasing holdings. We have a miniscule breakout & retest. Low risk, high reward entry. Stock weak below 50 ema closing on daily basis.

KAUSHIKDEEP

Energy Segment (75% of revenues) # The company's energy segment comprises Process Heating, Absorption Cooling and Heating, Boiler and Heater and Power (EPC and Solar) businesses and related services. It is among the leaders in vapor absorption cooling and heating systems, with its chillers used worldwide for industrial refrigeration, air conditioning, process...

tradewidmufeeth

The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA . Risk Reward Ratio - 1:1 SL is placed below multiple major support zone and target is place near swing and channel high. Note: As the market is under selling pressure, enter only after confirming a...

kailashvsv

Bullish range started