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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 2025-04-08 View latest technical analysis

10 day averaged volume of Thermax is 128193

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	3221.95	3293.00	3365.95	3202.20	0.477 times
07 Mon Apr 2025	3253.50	3011.95	3353.95	3011.95	0.516 times
04 Fri Apr 2025	3546.20	3550.00	3588.00	3450.00	0.253 times
03 Thu Apr 2025	3549.65	3548.25	3599.00	3518.00	0.436 times
02 Wed Apr 2025	3548.25	3524.00	3634.35	3505.05	0.798 times
01 Tue Apr 2025	3550.00	3635.00	3638.50	3532.25	0.377 times
28 Fri Mar 2025	3654.10	3776.75	3776.75	3626.00	0.93 times
27 Thu Mar 2025	3776.75	3477.65	3950.00	3428.05	1.706 times
26 Wed Mar 2025	3477.65	3580.80	3589.75	3450.00	0.806 times
25 Tue Mar 2025	3567.40	3522.00	3673.15	3481.75	3.024 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3286.8, but if it comes above 3286.8, then a intra day buy could be more profitable.
If you take a sell trade below 3286.8, then use 3286.8 as stoploss and 3104.4 as target. However if you take a buy trade in stock , then use 3286.8 as stoploss and 3438.86 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3011.95
Downside Target	3125.80
Downside Target	3196.00
Upside Target	3365.95
Upside Target	3620.60
Upside Target	3638.50
Upside Target	3790.05
Upside Target	3815.00
Upside Target	3950.00
Upside Target	4316.95
Upside Target	4989.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3033.95
Downside Intraday Target	2845.95
Upside Intraday Target	3387.95
Upside Intraday Target	3553.95
Downside Intraday Target	3199.95

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	3221.95	3011.95	3365.95	3011.95	0.533 times
04 Fri Apr 2025	3546.20	3635.00	3638.50	3450.00	0.245 times
28 Fri Mar 2025	3654.10	3515.00	3950.00	3428.05	1.051 times
21 Fri Mar 2025	3496.10	3400.05	3620.60	3209.35	1.455 times
13 Thu Mar 2025	3370.70	3386.20	3481.60	3196.00	1.482 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
08 Tue Apr 2025	3221.95	3635.00	3638.50	3011.95	0.123 times
28 Fri Mar 2025	3654.10	3263.05	3950.00	3125.80	0.849 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

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 neutral. A longer time frame might give a better analysis.

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 Weak and stock is losing momentum.

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

Thermax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 3567.8 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.