Thermax Ltd. - market leader in its segmentStock has been corrected nearly 25 % from its top and is trying to take support at current price . Overall good fundamentals and available at attractive price. Watch it closelyLongby himanshuchugh8113
thermaxDisclaimer : Trading stocks, futures, and options involves substantial risk and may not be suitable for all investors. Always seek professional advice and conduct thorough research before making financial decisions.Longby TheMarketRobbers0
Thermax ltdUptrend HH HL Pullback halted at 50% fibbonaci levels Rsi hidden bullish divergence BIg candle with volumes Avwap sqeeze Longby Rah3431
Trendline breakout in 1 hourBroken 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.Longby mr-nm_01230
Thermax - long investment ideaThermax 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.Longby sachinnagpal19821
THERMAXProbably it may give breakout from the ratio chart hence keep it watch list for long candidateLongby YS90
Resistance BreakoutPlease 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 purposeLongby Breakout-Ideas1
Thermax-Nice BreakoutThermax-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 #BREAKOUTSTOCKSLongby Microcap_Investor0
Long term - Thermax Weekly candle BO being done and RSi and MACD showing strength Delivered good results tooby happyvegan102
#THERMAX Looking good at 17 marTHERMAX Looking good for tomorrow Keep eye on tomorrow looking good for intraday as well as short term callsLongby trading_facts962
Buy Long Tharmax at 2230 for Target of 2589 , SL - 213 NSE:THERMAX Inverted head & shoulder break out with high volume, Expected Returns - 16.09%.Longby tradewithvijay3
ThermaX - Cup & HandleCup 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. Longby UnknownUnicorn23160314Updated 1
44%, R/R 8.8-- very bullish setup -- price has sustained above 20 DMA during the market correction. -- high Del% -- stage breakout on both Price and RS charts.Longby InvestIn100
ThermaxIn 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.by gmaster29Updated 1
Multiyear BreakoutThermax 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 bestLongby PanchalkUpdated 1
THERMAX - AT RESISTANCEThermax 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. Longby manuagarwal213
THERMAX THERMAX - FII increasing holdings. We have a miniscule breakout & retest. Low risk, high reward entry. Stock weak below 50 ema closing on daily basis.Longby Ganand19120
Thermax Buy Call short termEnergy 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 cooling and heating. The company has domain experience in setting up captive power, cogeneration and trigeneration plants on an EPC basis, with an installed base of more than 3,300 MW. # Environment Segment (15% of revenues) The company offers air pollution control systems for both particulate and gaseous emissions to a wide range of industries – cement, steel and ferrous metals, power generation, chemical, fertilizers, etc. The Water and Waste Solutions (WWS) business supports industrial and commercial establishments to treat water for their process requirements and to clean sewage. The WWS business includes water treatment, wastewater treatment/recycling, zero liquid discharge solutions, sewage treatment/recycling and desalination plants. The business has to date completed over 20,000 installations. # Chemical Segment (10% of revenues) The Chemical segment manufactures and markets a wide range of specialty chemicals to help improve processes across a spectrum of industries. It comprises the following: microporous resins, performance chemicals, paper chemicals, construction chemicals and oil field chemicals. The chemical manufacturing facilities are located at Paudh (Maharashtra), Jhagadia and Dahej (Gujarat). # Order Book Presently, the company has an order book balance of ~5,200 crores. # Refinery & petrochemicals accounts for 31% of the order book, followed by Metals & Steel (12%), Food/Beverages (10%), Cement (8%), Power (5%), chemical (4%), Fertilizer/agro (4%), rubber (3%), sugar/distillery (3%) and other industries account for the rest 20% of revenues. # Global Operations The company has geographically diversified operations, with more than ~35% of the revenues coming from over 150 countries. # Presently, about 25% of total order book is dedicated to global customers situated outside India. #Longby KAUSHIKDEEP0
Thermax Short Term Reversal Trade 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 reversal.Longby tradewidmufeeth0
THERMAXTHE UPPER RANGE HAS BEEN DRAWN FOR ENTRY, BEYOND WHICH IT CAN SHOW GOOD UPSIDE TO 806, 827 AND 845 ********************************************************************************************************************************************** Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************Longby akkshay11Updated 221