THERMAX BREAKOUT ON WEEKLY CHARTS.

THERMAX Stock price has broken the crucial resistance around 945 - 960 on the weekly charts.

Short term moving average has Placed above the long term moving averages and It has been created a long term trend reversal on Weekly Charts.

MACD oscillator has showing strength and Trading above its signal and equilibrium line.

So One can Initiate a Long Position in THERMAX At CMP for a Target of 1140 With a Stop loss Placed at 937.