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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 2025-08-19 View latest technical analysis

10 day averaged volume of Thermax is 144842

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Aug 2025	3305.20	3276.60	3318.30	3262.00	0.433 times
18 Mon Aug 2025	3276.60	3307.90	3325.00	3263.80	0.588 times
14 Thu Aug 2025	3274.30	3287.10	3312.00	3264.30	0.351 times
13 Wed Aug 2025	3300.90	3330.00	3335.00	3201.10	2.048 times
12 Tue Aug 2025	3297.90	3290.00	3320.00	3273.60	0.45 times
11 Mon Aug 2025	3273.60	3250.00	3306.50	3225.70	0.403 times
08 Fri Aug 2025	3272.70	3325.00	3326.00	3232.10	1.33 times
07 Thu Aug 2025	3328.20	3441.50	3447.00	3281.80	1.143 times
06 Wed Aug 2025	3454.20	3558.00	3588.00	3441.50	0.674 times
05 Tue Aug 2025	3557.00	3547.00	3576.50	3455.00	1.394 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3312.5, but if it comes above 3312.5, then a intra day buy could be more profitable.
If you take a sell trade below 3312.5, then use 3312.5 as stoploss and 3007.2 as target. However if you take a buy trade in stock , then use 3312.5 as stoploss and 3567.01 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3011.95
Downside Target	3085.70
Downside Target	3201.10
Upside Target	3631.30
Upside Target	3691.20
Upside Target	3720.80
Upside Target	3728.50
Upside Target	3825.50
Upside Target	3950.00
Upside Target	3975.00
Upside Target	4003.10
Upside Target	4091.80

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3269.8
Downside Intraday Target	3234.4
Upside Intraday Target	3332.8
Upside Intraday Target	3360.4
Downside Intraday Target	3297.4

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Aug 2025	3305.20	3307.90	3325.00	3262.00	0.314 times
14 Thu Aug 2025	3274.30	3250.00	3335.00	3201.10	0.528 times
08 Fri Aug 2025	3272.70	3790.00	3825.50	3232.10	1.727 times
01 Fri Aug 2025	3778.70	3751.50	3975.00	3691.20	0.914 times
25 Fri Jul 2025	3739.00	3890.10	4003.10	3720.80	0.107 times

Price has moved up 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
19 Tue Aug 2025	3305.20	3940.40	3950.00	3201.10	0.24 times
31 Thu Jul 2025	3940.40	3428.60	4091.80	3340.00	2.348 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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 3348.55 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.