THERMAX NEWS why is Thermax Limited price falling or rising

THERMAX NEWS reasons for why stock price of Thermax Limited is falling or rising

THERMAX Thermax is falling or rising technical reasons

Technical analysis forecast of Thermax Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Thermax THERMAX at this time. Stock is rising and might rise more.

It appears as if Thermax THERMAX gave a large move recently.

Stock of Thermax (THERMAX) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Thermax is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Thermax stays above 4724.5, but if it comes below 4724.5, then a intra day sell could be more profitable.
If you take a sell trade below 4724.5, then use 4724.5 as stoploss and 4378.93 as target. However if you take a buy trade in Thermax, then use 4724.5 as stoploss and 5139.3 as target.

THERMAX Thermax is falling or rising NEWS fundamental reasons

Thermax hopes to ride on steel, power and refining this year Thermax, an energy and environment solutions provider, is expecting significant growth in the steel, refining, petrochemicals, and power sectors this year. Managing director and CEO Ashish Bhandari is optimistic about the power sector, as the government is - NEWS as on 2024-04-18 indiatimes.com

Company Announcement Thermax Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-15

Thermax unveils new state-of-the-art manufacturing unit for water and waste solutions The new facility that is spread across two acres embodies Thermax's dedication to excellence and engineering, driven by innovation, quality, and customer-centricity. Thermax's Water and Waste Solutions business, in recent years, has expanded significantly - NEWS as on 2024-04-15 business-standard.com

Technical Breakout Stocks: How to trade Aster DM Healthcare, Thermax and Exide Industries on Tuesday? Sectorally, buying was seen in oil & gas and energy while selling was seen in IT, banks, capital goods, and power indices. - NEWS as on 2024-04-15 indiatimes.com

Company Announcement Thermax Limited has informed the Exchange regarding 'Receipt of Assessment Order and Demand Notice '. - NEWS as on 2024-04-05

Company Announcement - NEWS as on 2024-04-01

Company Announcement Thermax Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-03-27

Company Announcement Thermax Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-03-18

More announcements and NEWS

THERMAX Thermax Limited current price & indicator signals

Moving Averages for Thermax Limited

  • 5Day Average: 4696.06
  • 12Day Average: 4573.92
  • 20Day Average: 4334.73
  • 50Day Average: 3857.12
  • 100Day Average: 3410.85
  • 150Day Average: 3249.12
  • 200Day Average: 3073.76

THERMAX Indicators & signals

Indicator MACD (12,26,9)

4548.96, 4271.54, 256.17
Indicator MACD is in positive zone

Indicator ADX (14)

77.49, 35.22, 4.47
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of THERMAX Thermax Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 4811.90 4717.55 to 4877.00 1.46% 1.77 times
18 Thu Apr 2024 4742.70 4641.05 to 4780.00 1.51% 1.06 times
16 Tue Apr 2024 4672.05 4642.45 to 4809.90 -0.79% 0.72 times
15 Mon Apr 2024 4709.05 4450.00 to 4875.00 3.62% 2.48 times
12 Fri Apr 2024 4544.60 4503.00 to 4573.85 0.01% 0.41 times
10 Wed Apr 2024 4544.15 4521.50 to 4609.60 -0.35% 0.34 times
09 Tue Apr 2024 4559.95 4535.05 to 4680.25 0.37% 0.57 times
08 Mon Apr 2024 4543.25 4500.00 to 4685.50 0.55% 0.83 times
05 Fri Apr 2024 4518.45 4489.45 to 4639.90 0.22% 1 times
04 Thu Apr 2024 4508.35 4419.05 to 4581.65 1.7% 1.09 times
03 Wed Apr 2024 4432.80 4281.20 to 4499.00 3.09% 1.5 times
02 Tue Apr 2024 4299.80 4253.95 to 4385.00 0.27% 0.37 times

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