Stock analysis Thermax Limited THERMAX
More indepth analysis on MunafaSutra.com
Recent prices of THERMAX Thermax Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 4632.55 | 4601.00 to 4880.00 | -4.67% | 1.87 times |
| 18 Mon Nov 2024 | 4859.45 | 4780.00 to 5165.70 | -2.89% | 1.45 times |
| 14 Thu Nov 2024 | 5003.85 | 4893.00 to 5119.70 | 1.95% | 1.9 times |
| 13 Wed Nov 2024 | 4908.10 | 4888.35 to 5107.70 | -3.98% | 0.62 times |
| 12 Tue Nov 2024 | 5111.70 | 5095.00 to 5355.00 | -1.98% | 1.09 times |
| 11 Mon Nov 2024 | 5214.95 | 5086.50 to 5287.95 | 1.64% | 0.89 times |
| 08 Fri Nov 2024 | 5131.00 | 5067.05 to 5187.35 | 0.57% | 0.47 times |
| 07 Thu Nov 2024 | 5101.70 | 5085.00 to 5163.80 | 0.31% | 0.46 times |
| 06 Wed Nov 2024 | 5085.95 | 5019.10 to 5124.70 | 1.49% | 1.63 times |
| 05 Tue Nov 2024 | 5011.20 | 4901.30 to 5037.80 | 1.19% | 0.8 times |
| 04 Mon Nov 2024 | 4952.15 | 4915.55 to 5049.95 | -0.9% | 0.69 times |
| 01 Fri Nov 2024 | 4996.95 | 4952.50 to 5012.75 | 1.45% | 0.1 times |
Technical analysis forecast for Thermax Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Thermax Limited THERMAX at this time. Stock is falling and might fall more.
It appears as if Thermax Limited THERMAX gave a large move recently.
Stock of Thermax Limited (THERMAX) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
Although my analysis for Thermax Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4647.5, for a target of 4847.1 or 5013.45