Thermax Ltd — Technical Breakout AnalysisThermax Limited.NSE:THERMAXchirag.sanghavi89The stock has delivered a strong horizontal line breakout, where the level previously acted as support, later turned into resistance after the breakdown. Price has now successfully reclaimed and broken above this key resistance zone, indicating a potential shift in market structure. On the daily chart, an Inverted Head & Shoulders pattern has formed — a classic trend reversal pattern suggesting strengthening bullish momentum. The breakout is further supported by a positive crossover in momentum indicators, confirming improving price strength and participation. 🔹 Support: 3350 🔹 Resistance Zone: 3800 – 4000 As long as the price sustains above the support zone, the structure remains positive and may lead to further upside towards the mentioned resistance levels. ⚠️ Disclaimer: I am not SEBI registered. This view is shared only for educational purposes. Before taking any investment decision, kindly consult your financial advisor.