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Long

Thermax: Early Signs of Bottoming-Out

NSE:THERMAX   THERMAX INR2
33 0 1
Price has been in a downtrend for a while. There is a perceptible slowdown in downside momentum recently. RSI positive divergence confirms that. Stock offers low risk entry.
Comment: Thermax doing well in the recent downturn. Strong buying / support @ 770-780 zone. Price now at 820+. Watch this one !
Comment: Big move out of consolidation today. Stock looks interesting and seems to have bottomed out. Watch this one for further gains !!
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