(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.
10 day averaged volume of Thermax is 108092
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu Nov 2023 | 2535.00 | 2527.00 | 2644.95 | 2500.25 | 11.47 times |
| 29 Wed Nov 2023 | 2519.15 | 2590.00 | 2624.15 | 2501.00 | 2.359 times |
| 28 Tue Nov 2023 | 2574.55 | 2653.10 | 2653.15 | 2541.00 | 2.564 times |
| 24 Fri Nov 2023 | 2625.90 | 2628.75 | 2669.75 | 2616.10 | 0.586 times |
| 23 Thu Nov 2023 | 2620.00 | 2611.00 | 2666.00 | 2611.00 | 0.722 times |
| 22 Wed Nov 2023 | 2612.75 | 2710.00 | 2710.90 | 2605.00 | 1.03 times |
| 21 Tue Nov 2023 | 2687.75 | 2820.00 | 2832.00 | 2681.00 | 1.42 times |
| 20 Mon Nov 2023 | 2787.85 | 2834.90 | 2910.20 | 2775.00 | 0.478 times |
| 17 Fri Nov 2023 | 2830.35 | 2869.00 | 2927.70 | 2812.10 | 0.486 times |
| 16 Thu Nov 2023 | 2865.20 | 2890.00 | 2907.70 | 2852.00 | 0.215 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2639.9, but if it comes above 2639.9, then a intra day buy could be more profitable.
If you take a sell trade below 2639.9, then use 2639.9 as stoploss and 2463 as target. However if you take a buy trade in stock , then use 2639.9 as stoploss and 2787.37 as target.
Share price targets for Thermax (THERMAX)
| Target Type | Value |
| Downside Target | 2231.85 |
| Downside Target | 2450.05 |
| Downside Target | 2500.25 |
| Upside Target | 2605.00 |
| Upside Target | 2848.15 |
| Upside Target | 2910.20 |
| Upside Target | 2969.95 |
| Upside Target | 2996.55 |
| Upside Target | 3025.00 |
| Upside Target | 3176.95 |
| Upside Target | 3230.00 |
Intraday share price targets for Thermax (THERMAX)
| Target Type | Value |
| Downside Intraday Target | 2472.45 |
| Downside Intraday Target | 2409.9 |
| Upside Intraday Target | 2625.35 |
| Upside Intraday Target | 2715.7 |
| Upside Intraday Target | 2562.8 |
Weekly technical analysis of Thermax (THERMAX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu Nov 2023 | 2535.00 | 2653.10 | 2653.15 | 2500.25 | 3.87 times |
| 24 Fri Nov 2023 | 2625.90 | 2834.90 | 2910.20 | 2605.00 | 4.263 times |
| 17 Fri Nov 2023 | 2830.35 | 2899.70 | 2969.95 | 2812.10 | 0.493 times |
| 10 Fri Nov 2023 | 2894.75 | 2990.00 | 3025.00 | 2846.70 | 0.962 times |
| 03 Fri Nov 2023 | 2941.35 | 2787.00 | 2996.55 | 2765.50 | 0.955 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Thermax (THERMAX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu Nov 2023 | 2535.00 | 2831.70 | 3025.00 | 2500.25 | 1.975 times |
| 31 Tue Oct 2023 | 2831.70 | 3110.40 | 3230.00 | 2755.30 | 1.033 times |
| 29 Fri Sep 2023 | 3110.50 | 2802.05 | 3176.95 | 2702.15 | 0.835 times |
| 31 Thu Aug 2023 | 2808.90 | 2618.00 | 2848.15 | 2450.05 | 1.056 times |
Scroll below to view daily charts
Price has moved down 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 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 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.
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 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
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 2573.02 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.
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 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.
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 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
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 2573.02 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.
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