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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 130008

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Aug 2025	3272.70	3325.00	3326.00	3232.10	1.482 times
07 Thu Aug 2025	3328.20	3441.50	3447.00	3281.80	1.273 times
06 Wed Aug 2025	3454.20	3558.00	3588.00	3441.50	0.751 times
05 Tue Aug 2025	3557.00	3547.00	3576.50	3455.00	1.554 times
04 Mon Aug 2025	3539.00	3790.00	3825.50	3520.00	1.804 times
01 Fri Aug 2025	3778.70	3940.40	3950.00	3760.00	1.381 times
31 Thu Jul 2025	3940.40	3790.00	3975.00	3737.00	1.308 times
30 Wed Jul 2025	3837.10	3795.00	3850.00	3786.70	0.41 times
29 Tue Jul 2025	3778.60	3713.00	3794.00	3691.30	0.508 times
28 Mon Jul 2025	3722.70	3751.50	3779.20	3691.20	0.367 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3237.5, for a target of 3485.9 or 3692.93

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3011.95
Downside Target	3085.70
Downside Target	3232.10
Upside Target	3331.00
Upside Target	3506.30
Upside Target	3631.30
Upside Target	3728.50
Upside Target	3825.50
Upside Target	3950.00
Upside Target	3975.00
Upside Target	4003.10
Upside Target	4091.80

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3061.37
Downside Intraday Target	2850.03
Upside Intraday Target	3654.77
Upside Intraday Target	4036.83
Upside Intraday Target	3443.43

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Aug 2025	3272.70	3790.00	3825.50	3232.10	1.727 times
01 Fri Aug 2025	3778.70	3751.50	3975.00	3691.20	0.914 times
25 Fri Jul 2025	3739.00	3890.10	4003.10	3720.80	0.107 times
18 Fri Jul 2025	3888.40	3430.40	4091.80	3420.00	19.592 times
11 Fri Jul 2025	3465.00	3455.00	3506.30	3384.10	0.366 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Thermax (THERMAX)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Aug 2025	3272.70	3940.40	3950.00	3232.10	0.152 times
31 Thu Jul 2025	3940.40	3428.60	4091.80	3340.00	2.348 times
30 Mon Jun 2025	3419.30	3415.20	3659.90	3331.00	1.257 times
30 Fri May 2025	3388.20	3284.90	3631.30	3085.70	1.21 times

Scroll below to view daily charts

Price has moved down 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

Thermax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Thermax in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 3582.27 and Thermax (THERMAX) stock is trading below this level. This means that stock is falling with high volumes. 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.