Munafa Stock Market Course + Intraday & FNO calls 
Thermax (THERMAX) Technical (Analysis) Reports Thermax ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Thermax (THERMAX)
Technical Analysis Report for NSE stock THERMAX Thermax. Dated: 02 Jan 2026 Updated Daily. Stock trades under Heavy Electrical Equipment in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock THERMAX Thermax then click here. or read Experts views on Thermax or Forecast & share price targets of Thermax
Thermax Opened at 3065.90 and Closed at: 3025.90, which is -1.24% of previous session's close. It moved within a range of 3007.00 and 3070.20
The session was a Bearish session with an average volume of 65999, which is -11.02% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
- The stock has fallen, and its long term trend is also negative and in a downtrend.
A Golden cross was found 7 days back on short term averages
Support for tomorrow is 2984.85 and resistance for tomorrow is 3048.05
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 2998.53, 2971.17 resistance for tomorrow's hourly charts is 3061.73, 3097.57
10 Day SMA for Thermax (THERMAX) is 2982.56 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Thermax (THERMAX) is 2913.14 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Thermax (THERMAX) is 3004.78 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 3126.03 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Thermax is 3305.5 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Thermax is at 2913.14 and 200 DMA is at 3305.5, while 50 DMA and 100 DMA are at 3004.78 and 3126.03 respectively
Thermax (THERMAX) moving average of 20 SMA is at 2913.14 and 20 EMA is at 2960.11
| Date | Closing Price | 20 SMA | 20 EMA |
| 02 Fri Jan | 3025.90 | 2913.14 | 2960.11 |
| 01 Thu Jan | 3063.40 | 2905.3 | 2953.19 |
| 31 Wed Dec | 3022.60 | 2896.61 | 2941.59 |
| 30 Tue Dec | 3013.50 | 2891.69 | 2933.07 |
| 29 Mon Dec | 3008.60 | 2886.84 | 2924.61 |
| 26 Fri Dec | 3012.40 | 2882.41 | 2915.77 |
Thermax (THERMAX) moving average of 50 SMA is at 3004.78 and 50 EMA is at 3004.96
| Date | Closing Price | 50 SMA | 50 EMA |
| 02 Fri Jan | 3025.90 | 3004.78 | 3004.96 |
| 01 Thu Jan | 3063.40 | 3008.65 | 3004.11 |
| 31 Wed Dec | 3022.60 | 3010.99 | 3001.69 |
| 30 Tue Dec | 3013.50 | 3013.44 | 3000.84 |
| 29 Mon Dec | 3008.60 | 3016.51 | 3000.32 |
| 26 Fri Dec | 3012.40 | 3018.54 | 2999.98 |
Thermax (THERMAX) moving average of 100 SMA is at 3126.03 and 100 EMA is at 3122.56
| Date | Closing Price | 100 SMA | 100 EMA |
| 02 Fri Jan | 3025.90 | 3126.03 | 3122.56 |
| 01 Thu Jan | 3063.40 | 3129.05 | 3124.51 |
| 31 Wed Dec | 3022.60 | 3132.96 | 3125.74 |
| 30 Tue Dec | 3013.50 | 3138.3 | 3127.82 |
| 29 Mon Dec | 3008.60 | 3143.56 | 3130.13 |
| 26 Fri Dec | 3012.40 | 3151.26 | 3132.58 |
Thermax (THERMAX) moving average of 200 SMA is at 3305.5 and 200 EMA is at 3383.7
| Date | Closing Price | 200 SMA | 200 EMA |
| 02 Fri Jan | 3025.90 | 3305.5 | 3383.7 |
| 01 Thu Jan | 3063.40 | 3306.68 | 3387.31 |
| 31 Wed Dec | 3022.60 | 3307.74 | 3390.58 |
| 30 Tue Dec | 3013.50 | 3309.29 | 3394.3 |
| 29 Mon Dec | 3008.60 | 3311.02 | 3398.15 |
| 26 Fri Dec | 3012.40 | 3312.48 | 3402.08 |
Thermax has performed better than Abb India in short term. Holding Thermax could be a better choice for now!
Bharat Heavy has performed better than Thermax in short term. You could have earned much better returns by investing in Bharat Heavy, about 1.5% more returns!
Thermax has performed better than Indo Tech in short term. Holding Thermax could be a better choice for now!
Thermax has performed better than Schneider Electric in short term. Holding Thermax could be a better choice for now!
Thermax has performed better than Siemens in short term. Holding Thermax could be a better choice for now!
Thermax has performed better than Suzlon Energy in short term. Holding Thermax could be a better choice for now!
Thermax has performed better than Td Power in short term. Holding Thermax could be a better choice for now!
Thermax has performed better than Voltamp Transformers in short term. Holding Thermax could be a better choice for now!
Thermax has performed better than Jyoti Structures in short term. Holding Thermax could be a better choice for now!
Thermax has performed better than Kec International in short term. Holding Thermax could be a better choice for now!
Thermax Technical analysis of indicators
Price action analysis of Thermax (THERMAX) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Thermax stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Thermax in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Thermax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Thermax in short term but SELL 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Thermax is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2988.02 and Thermax THERMAX stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Thermax THERMAX stock. Volume based technical analysis of Thermax THERMAX stock is negative.
Thermax Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock THERMAX Thermax These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And THERMAX Experts View which covers a lot of information including buying and selling signals
THERMAX future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Thermax or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
Videos related to: Thermax (THERMAX) Technical (Analysis) Reports Thermax ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Hindi Video Correct Way Of Technical Analysis How To Find Entry Exit Points On Charts
Hindi Video Most Important Stock Market Video. No Success Without This Formula
- NSE Screeners
- NSE Daily Screener
- NSE Weekly Screener
- NSE Monthly Screener
- Support & Resistance
- NSE Shares Near Support
- NSE Shares Near Resistance
