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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 2025-09-23 View latest technical analysis

10 day averaged volume of Thermax is 102343

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Sep 2025	3358.80	3322.00	3398.40	3298.00	2.078 times
22 Mon Sep 2025	3269.80	3339.00	3339.00	3260.00	0.33 times
19 Fri Sep 2025	3307.60	3344.90	3365.00	3289.40	1.269 times
18 Thu Sep 2025	3330.00	3321.00	3376.20	3306.00	0.619 times
17 Wed Sep 2025	3311.40	3334.90	3366.40	3301.00	0.841 times
16 Tue Sep 2025	3318.80	3322.90	3342.00	3305.00	0.461 times
15 Mon Sep 2025	3314.90	3317.10	3340.50	3288.80	0.538 times
12 Fri Sep 2025	3311.50	3320.00	3339.90	3305.00	0.49 times
11 Thu Sep 2025	3342.80	3370.00	3381.90	3313.90	0.595 times
10 Wed Sep 2025	3366.00	3390.10	3490.00	3361.10	3.299 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 3343.9, but if it comes below 3343.9, then a intra day sell could be more profitable.
If you take a sell trade below 3343.9, then use 3343.9 as stoploss and 3295.26 as target. However if you take a buy trade in stock , then use 3343.9 as stoploss and 3402.2 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3085.70
Downside Target	3260.00
Upside Target	3376.20
Upside Target	3380.00
Upside Target	3398.40
Upside Target	3490.00
Upside Target	3631.30
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	3279.73
Downside Intraday Target	3200.67
Upside Intraday Target	3418.13
Upside Intraday Target	3477.47
Downside Intraday Target	3339.07

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Sep 2025	3358.80	3339.00	3398.40	3260.00	0.646 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
05 Fri Sep 2025	3292.70	3223.10	3366.00	3171.00	0.085 times
29 Fri Aug 2025	3207.60	3264.50	3380.00	3158.90	6.72 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
23 Tue Sep 2025	3358.80	3223.10	3490.00	3171.00	0.221 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
30 Mon Jun 2025	3419.30	3415.20	3659.90	3331.00	1.257 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 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 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 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 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 3339.5 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.