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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 2025-06-09 View latest technical analysis

10 day averaged volume of Thermax is 108112

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	3562.60	3563.90	3604.70	3520.80	3.451 times
06 Fri Jun 2025	3532.40	3531.40	3564.50	3507.30	0.347 times
05 Thu Jun 2025	3531.40	3550.00	3566.60	3506.40	0.985 times
04 Wed Jun 2025	3515.00	3394.70	3528.20	3384.90	3.137 times
03 Tue Jun 2025	3390.30	3460.00	3470.00	3364.10	0.539 times
02 Mon Jun 2025	3448.70	3415.20	3475.00	3405.10	0.633 times
30 Fri May 2025	3388.20	3429.40	3468.50	3355.00	1.732 times
29 Thu May 2025	3418.40	3535.00	3535.00	3395.00	0.826 times
28 Wed May 2025	3485.70	3474.00	3505.50	3458.50	0.594 times
27 Tue May 2025	3451.70	3497.90	3499.50	3435.00	0.721 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3543.6, but if it comes below 3543.6, then a intra day sell could be more profitable.
If you take a sell trade below 3543.6, then use 3543.6 as stoploss and 3474.62 as target. However if you take a buy trade in stock , then use 3543.6 as stoploss and 3626.3 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3011.95
Downside Target	3085.70
Downside Target	3232.10
Downside Target	3355.00
Downside Target	3443.90
Upside Target	3604.70
Upside Target	3631.30
Upside Target	3728.50
Upside Target	3790.05
Upside Target	3950.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3520.7
Downside Intraday Target	3478.8
Upside Intraday Target	3604.6
Upside Intraday Target	3646.6
Upside Intraday Target	3562.7

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	3562.60	3563.90	3604.70	3520.80	0.612 times
06 Fri Jun 2025	3532.40	3415.20	3566.60	3364.10	1.293 times
30 Fri May 2025	3388.20	3564.80	3564.80	3355.00	0.739 times
23 Fri May 2025	3548.00	3450.00	3631.30	3443.90	0.645 times
16 Fri May 2025	3426.60	3402.50	3489.70	3232.10	4.324 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
09 Mon Jun 2025	3562.60	3415.20	3604.70	3364.10	0.412 times
30 Fri May 2025	3388.20	3284.90	3631.30	3085.70	1.21 times
30 Wed Apr 2025	3291.30	3635.00	3728.50	3011.95	0.663 times
28 Fri Mar 2025	3654.10	3263.05	3950.00	3125.80	0.849 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Thermax in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3493.01 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 positive

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