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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.

Showing technical analysis as on 2025-03-20 View latest technical analysis

10 day averaged volume of Thermax is 133191

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	3527.70	3410.00	3620.60	3401.15	2.498 times
19 Wed Mar 2025	3385.70	3304.75	3444.85	3300.50	0.998 times
18 Tue Mar 2025	3277.30	3257.10	3336.70	3234.95	0.732 times
17 Mon Mar 2025	3240.30	3400.05	3402.50	3209.35	1.214 times
13 Thu Mar 2025	3370.70	3301.50	3481.60	3238.00	2.678 times
12 Wed Mar 2025	3262.20	3265.00	3358.50	3196.00	0.656 times
11 Tue Mar 2025	3275.00	3332.70	3372.00	3240.05	0.492 times
10 Mon Mar 2025	3332.70	3386.20	3480.95	3314.50	0.97 times
07 Fri Mar 2025	3359.80	3280.05	3392.00	3280.05	0.697 times
06 Thu Mar 2025	3300.00	3235.95	3388.50	3235.95	0.705 times

Stock of Thermax (THERMAX) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3468.1, for a target of 3373.4 or 3294.49

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3125.80
Downside Target	3392.00
Upside Target	3620.60
Upside Target	3790.05
Upside Target	3815.00
Upside Target	4311.15
Upside Target	4316.95
Upside Target	4989.00
Upside Target	5355.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3284.5
Downside Intraday Target	3041.3
Upside Intraday Target	3695.75
Upside Intraday Target	3863.8
Downside Intraday Target	3452.55

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	3527.70	3400.05	3620.60	3209.35	1.134 times
13 Thu Mar 2025	3370.70	3386.20	3481.60	3196.00	1.482 times
07 Fri Mar 2025	3359.80	3263.05	3392.00	3125.80	0.676 times
28 Fri Feb 2025	3248.50	3254.00	3395.00	3134.05	0.561 times
21 Fri Feb 2025	3321.55	3080.00	3443.95	2950.05	2.16 times

Price has moved up 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
20 Thu Mar 2025	3527.70	3263.05	3620.60	3125.80	0.512 times
28 Fri Feb 2025	3248.50	3790.05	3790.05	2950.05	1.243 times
31 Fri Jan 2025	3863.60	4061.65	4316.95	3460.10	1.337 times
31 Tue Dec 2024	4039.75	4596.50	4989.00	3815.00	1.032 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Thermax ( (THERMAX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Thermax ( (THERMAX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Thermax in short term but the buy signal is initial and weak.

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

Thermax Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Thermax in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 3367.95 and Thermax (THERMAX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Thermax Stock is giving positive 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.