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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 2025-07-24 View latest technical analysis

10 day averaged volume of Thermax is 582073

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Jul 2025	3850.40	3889.00	3930.00	3831.20	0.117 times
23 Wed Jul 2025	3869.20	3940.00	3957.70	3840.00	0.154 times
22 Tue Jul 2025	3944.50	3904.00	4003.10	3874.20	0.318 times
21 Mon Jul 2025	3903.10	3890.10	3938.10	3838.30	0.238 times
18 Fri Jul 2025	3888.40	3906.90	3960.00	3860.00	0.716 times
17 Thu Jul 2025	3885.90	3701.00	4091.80	3701.00	6.826 times
16 Wed Jul 2025	3645.80	3495.00	3747.00	3485.10	1.352 times
15 Tue Jul 2025	3479.40	3459.80	3481.00	3435.50	0.082 times
14 Mon Jul 2025	3444.20	3430.40	3474.80	3420.00	0.109 times
11 Fri Jul 2025	3465.00	3407.50	3486.00	3407.50	0.154 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3791.6, but if it comes below 3791.6, then a intra day sell could be more profitable.
If you take a sell trade below 3791.6, then use 3791.6 as stoploss and 3580.74 as target. However if you take a buy trade in stock , then use 3791.6 as stoploss and 4044.6 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3011.95
Downside Target	3085.70
Downside Target	3331.00
Downside Target	3506.30
Downside Target	3583.70
Downside Target	3659.90
Downside Target	3728.50
Downside Target	3831.20
Upside Target	3950.00
Upside Target	4003.10
Upside Target	4091.80

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3786.7
Downside Intraday Target	3723
Upside Intraday Target	3958.6
Upside Intraday Target	4066.8
Upside Intraday Target	3894.9

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Jul 2025	3850.40	3890.10	4003.10	3831.20	0.091 times
18 Fri Jul 2025	3888.40	3430.40	4091.80	3420.00	19.592 times
11 Fri Jul 2025	3465.00	3455.00	3506.30	3384.10	0.366 times
04 Fri Jul 2025	3458.50	3360.00	3583.70	3340.00	1.161 times
27 Fri Jun 2025	3347.80	3400.00	3510.00	3331.00	0.843 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
24 Thu Jul 2025	3850.40	3428.60	4091.80	3340.00	2.208 times
30 Mon Jun 2025	3419.30	3415.20	3659.90	3331.00	1.257 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Thermax (THERMAX)

Price action analysis of Thermax ( (THERMAX) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Thermax ( (THERMAX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Thermax in short term but SELL 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 3840.87 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.