Thermax Limited 17% Crash: Key Levels to Watch

Описание: In this video, we break down why Thermax saw heavy selling and fell nearly 6% in a single session and why this isn't a one-day story. The stock is now down almost 17% over the last two weeks, and today's price action confirmed the weakness: Thermax closed below its 50 DMA for the first time since February, a clear signal that the short-term trend has turned. Levels-wise, ₹4,300 is the zone to watch the same level from which the stock gave a strong breakout last time. As long as Thermax holds above it, there's still a case for a base to form. But a breakdown below ₹4,300 could open the door to further weakness. We cover exactly what to watch on both sides of this key level.


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