[ad_1]
Target price: Rs 2,450
Stop loss: Rs 2,150
Since the past few months Thermax has been consolidating in a broad range of Rs 2,230 – 2,000. At this point in time, the stock has confirmed a breakout from this range. The positive price action is supported with positive placement of momentum oscillators along with decent volumes.
(Mehul Kothari, AVP – Technical Research, Anand Rathi Shares & Stock Brokers)
[ad_2]
Source link