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 |
| 01 Tue Jul 2025 | 3356.70 | 3340.00 to 3461.20 | -1.83% | 0.54 times |
| 30 Mon Jun 2025 | 3419.30 | 3360.00 to 3452.00 | 2.14% | 1.01 times |
| 27 Fri Jun 2025 | 3347.80 | 3331.00 to 3464.00 | -3.33% | 1.84 times |
| 26 Thu Jun 2025 | 3463.00 | 3445.00 to 3510.00 | 0.54% | 0.58 times |
| 25 Wed Jun 2025 | 3444.50 | 3407.00 to 3485.90 | -0.43% | 0.42 times |
| 24 Tue Jun 2025 | 3459.30 | 3407.00 to 3489.90 | -0.53% | 1.01 times |
| 23 Mon Jun 2025 | 3477.70 | 3390.20 to 3505.00 | 1.6% | 0.4 times |
| 20 Fri Jun 2025 | 3423.10 | 3354.00 to 3547.70 | -3.19% | 3.34 times |
| 19 Thu Jun 2025 | 3535.80 | 3509.50 to 3620.00 | 0.77% | 0.94 times |
| 18 Wed Jun 2025 | 3508.80 | 3441.00 to 3527.20 | 0.98% | 0.26 times |
| 17 Tue Jun 2025 | 3474.60 | 3461.00 to 3554.70 | -1.61% | 0.21 times |
| 16 Mon Jun 2025 | 3531.50 | 3473.60 to 3570.00 | -0.54% | 0.28 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Thermax Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Thermax Limited stays below 3389.9, but if it comes above 3389.9, then a intra day buy could be more profitable.
If you take a sell trade below 3389.9, then use 3389.9 as stoploss and 3312.4 as target. However if you take a buy trade in Thermax Limited, then use 3389.9 as stoploss and 3454.55 as target.