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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 2025-10-17 View latest technical analysis

10 day averaged volume of Thermax is 71515

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Oct 2025	3145.20	3250.00	3250.10	3113.20	2.193 times
16 Thu Oct 2025	3167.20	3114.00	3180.00	3113.00	1.231 times
15 Wed Oct 2025	3110.00	3110.00	3140.70	3100.00	0.874 times
14 Tue Oct 2025	3107.40	3172.00	3191.60	3102.00	1.632 times
13 Mon Oct 2025	3189.50	3203.00	3215.70	3166.30	0.742 times
10 Fri Oct 2025	3223.80	3182.00	3228.50	3162.80	1.012 times
09 Thu Oct 2025	3182.50	3165.00	3197.00	3142.00	0.81 times
08 Wed Oct 2025	3158.20	3180.00	3191.50	3125.90	1.015 times
07 Tue Oct 2025	3190.10	3168.00	3200.00	3145.40	0.954 times
06 Mon Oct 2025	3179.30	3161.30	3187.90	3138.00	0.907 times

Stock of Thermax (THERMAX) has showed a significant fall. This could be a good time to exit from this stock.

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 3133.5 as stoploss in an intra day buy trade for a target of 3199.65. However, stock will show a bearish move below 3133.5.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3100.00
Upside Target	3227.70
Upside Target	3288.80
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	3080.1
Downside Intraday Target	3015
Upside Intraday Target	3230.2
Upside Intraday Target	3315.2
Upside Intraday Target	3165.1

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Oct 2025	3145.20	3203.00	3250.10	3100.00	1.42 times
10 Fri Oct 2025	3223.80	3161.30	3228.50	3125.90	1.302 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

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
17 Fri Oct 2025	3145.20	3170.30	3250.10	3100.00	0.408 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 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 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 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 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 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 Weak 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. 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 coming down

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 positive zone. This is a BUY 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 3159.65 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.