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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 2025-12-09 View latest technical analysis

10 day averaged volume of Thermax is 60491

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Dec 2025	2833.70	2805.60	2892.40	2745.10	0.984 times
08 Mon Dec 2025	2805.60	2845.70	2859.00	2742.70	1.801 times
05 Fri Dec 2025	2845.70	2868.90	2868.90	2802.20	1.273 times
04 Thu Dec 2025	2869.10	2889.60	2890.00	2845.90	0.997 times
03 Wed Dec 2025	2889.60	2923.90	2929.40	2872.90	0.695 times
02 Tue Dec 2025	2924.10	2917.10	2929.50	2894.00	0.341 times
01 Mon Dec 2025	2916.50	2949.30	2949.30	2898.00	0.662 times
28 Fri Nov 2025	2920.10	2940.90	2948.90	2902.00	0.585 times
27 Thu Nov 2025	2940.80	2933.50	2952.70	2911.20	0.969 times
26 Wed Nov 2025	2933.00	2934.00	2952.70	2876.00	1.461 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2857.4, but if it comes above 2857.4, then a intra day buy could be more profitable.
If you take a sell trade below 2857.4, then use 2857.4 as stoploss and 2779.2 as target. However if you take a buy trade in stock , then use 2857.4 as stoploss and 2922.63 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2742.70
Downside Target	2802.20
Upside Target	3054.90
Upside Target	3100.00
Upside Target	3121.00
Upside Target	3137.00
Upside Target	3200.00
Upside Target	3316.00
Upside Target	3353.00
Upside Target	3490.00
Upside Target	3950.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	2753.47
Downside Intraday Target	2673.23
Upside Intraday Target	2903.17
Upside Intraday Target	2972.63
Downside Intraday Target	2822.93

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Dec 2025	2833.70	2845.70	2892.40	2742.70	0.702 times
05 Fri Dec 2025	2845.70	2949.30	2949.30	2802.20	0.582 times
28 Fri Nov 2025	2920.10	2885.10	2952.70	2840.00	0.666 times
21 Fri Nov 2025	2886.70	3018.00	3054.90	2880.00	0.629 times
14 Fri Nov 2025	3006.00	3170.10	3200.00	2986.00	2.878 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
09 Tue Dec 2025	2833.70	2949.30	2949.30	2742.70	0.173 times
28 Fri Nov 2025	2920.10	3226.90	3316.00	2840.00	1.491 times
31 Fri Oct 2025	3218.80	3170.30	3353.00	3100.00	0.705 times
30 Tue Sep 2025	3170.30	3223.10	3490.00	3121.00	0.268 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

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 moving up

CCI has generated a buy signal for Thermax in short term but BUY signal is weak.

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

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 2877.1 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.