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(THERMAX) Thermax complete technical analysis [charts+indicators] | Buy/Sell Thermax | (THERMAX) share price targets

Complete technical analysis of Thermax (THERMAX) by charts plus indicators, forecast predictions and share price targets for Thermax (THERMAX)

Thermax trades in NSE in Heavy Electrical Equipment sector.

10 day averaged volume of Thermax is 70524

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu Oct 2025	3182.50	3165.00	3197.00	3142.00	0.821 times
08 Wed Oct 2025	3158.20	3180.00	3191.50	3125.90	1.03 times
07 Tue Oct 2025	3190.10	3168.00	3200.00	3145.40	0.968 times
06 Mon Oct 2025	3179.30	3161.30	3187.90	3138.00	0.92 times
03 Fri Oct 2025	3188.50	3160.00	3192.00	3141.00	0.834 times
01 Wed Oct 2025	3165.20	3170.30	3190.50	3149.30	0.619 times
30 Tue Sep 2025	3170.30	3154.90	3195.00	3139.10	1.108 times
29 Mon Sep 2025	3131.50	3227.70	3227.70	3121.00	1.1 times
26 Fri Sep 2025	3197.70	3229.80	3229.80	3162.30	1.282 times
25 Thu Sep 2025	3233.10	3317.20	3326.50	3222.00	1.23 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3175.6 as stoploss in an intra day buy trade for a target of 3248.96. However, stock will show a bearish move below 3175.6.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3121.00
Upside Target	3331.00
Upside Target	3340.00
Upside Target	3376.20
Upside Target	3398.40
Upside Target	3490.00
Upside Target	3659.90
Upside Target	3950.00
Upside Target	4091.80

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3138.93
Downside Intraday Target	3095.37
Upside Intraday Target	3213.03
Upside Intraday Target	3243.57
Downside Intraday Target	3169.47

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu Oct 2025	3182.50	3161.30	3200.00	3125.90	1.021 times
03 Fri Oct 2025	3188.50	3227.70	3227.70	3121.00	0.529 times
26 Fri Sep 2025	3197.70	3339.00	3398.40	3162.30	1.278 times
19 Fri Sep 2025	3307.60	3317.10	3376.20	3288.80	0.536 times
12 Fri Sep 2025	3311.50	3328.00	3490.00	3288.40	1.408 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Thermax (THERMAX)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Thu Oct 2025	3182.50	3170.30	3200.00	3125.90	0.163 times
30 Tue Sep 2025	3170.30	3223.10	3490.00	3121.00	0.268 times
29 Fri Aug 2025	3207.60	3940.40	3950.00	3137.00	1.186 times
31 Thu Jul 2025	3940.40	3428.60	4091.80	3340.00	2.348 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Thermax (THERMAX)

Price action analysis of Thermax ( (THERMAX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Thermax ( (THERMAX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Thermax ( (THERMAX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Thermax ( (THERMAX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Thermax stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Thermax in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Thermax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Thermax in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Thermax is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3181.06 and Thermax (THERMAX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Thermax (THERMAX) stock. Volume based technical analysis of Thermax (THERMAX) stock is negative.

Thermax Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.