Munafa technical analysis Thermax Limited THERMAX technical analysis buy or sell
Munafa technical analysis Thermax Limited THERMAX technical analysis buy or sell Analysis of Thermax Limited THERMAX to buy or sell for Daily, weekly or monthly
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
| Date | Close | Open | High | Low |
| 21 Wed Oct | 3145.00 | 3232.00 | 3234.90 | 3119.80 |
| 19 Mon Oct | 3234.90 | 3329.00 | 3345.60 | 3225.00 |
| 16 Fri Oct | 3326.80 | 3302.00 | 3361.00 | 3245.50 |
| 15 Thu Oct | 3273.80 | 3295.00 | 3300.00 | 3234.90 |
| 14 Wed Oct | 3313.30 | 3290.00 | 3338.40 | 3241.00 |
Stock of Thermax Limited closed at 3145.00 and it opened at 3232.00
It moved inside a range of 3119.80 and 3234.90
52 week High is 5277.80 and 52 week Low is 2742.70
Financial Year High is 5277.80 and Low is 3119.80
This year High is 5277.80 and Low is 2749.80
Thermax Limited THERMAX Daily Analysis to buy or sell
As per my analysis of Thermax Limited THERMAX, 12 day returns for Thermax Limited THERMAX have been negative, with total returns of -83.2, which is -2.58% with investment starting at 3228.20.
An investment of 100,000 bucks in Thermax Limited would have become 97420 bucks today.
Thermax Limited THERMAX moves in a range of 52.1 points on a day to day basis. This means that a total of approx 52.1 plus points of returns can be expected in a bullish day, and a total of 52.1 minus points can be expected in a bearish day.
This is about 1.66% of returns per day.
Thermax Limited Munafa analysis, looking for Trend and BUY or SELL opportunities.
Stock is 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.
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, and the 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 3214.8, but if it comes above 3214.8, then a intra day buy could be more profitable.
If you take a sell trade below 3214.8, then use 3214.8 as stoploss and 3100.6 as target. However if you take a buy trade in Thermax Limited, then use 3214.8 as stoploss and 3309.96 as target.
You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm
Daily Candle Stick analysis of Thermax Limited THERMAX
Candle stick analysis of Thermax Limited as on 21 Wed Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 3.7 HC: 2.9 LC: 0.8 OC: 0.1
Thermax Limited is moving towards a low expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 19 Mon Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 3.7 HC: 3.4 LC: 0.3 OC: 0.5
Thermax Limited is moving towards a low expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 16 Fri Oct 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 3.6 HC: 1 LC: 2.5 OC: 1.8
Thermax Limited is moving towards a high expiry
Candle stick analysis of Thermax Limited as on 15 Thu Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 2 HC: 0.8 LC: 1.2 OC: 0.2
Thermax Limited is moving towards a high expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 14 Wed Oct 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 3 HC: 0.8 LC: 2.2 OC: 1.5
Thermax Limited is moving towards a high expiry
Thermax Limited THERMAX Weekly Analysis to buy or sell
As per my analysis of Thermax Limited THERMAX, 12 week returns for Thermax Limited THERMAX have been negative, with total returns of -914.9, which is -22.54% with investment starting at 4059.90.
An investment of 100,000 bucks in Thermax Limited would have become 77460 bucks today.
Thermax Limited THERMAX moves in a range of 119.6 points on a week to week basis. This means that a total of approx 119.6 plus points of returns can be expected in a bullish week, and a total of 119.6 minus points can be expected in a bearish week.
This is about 3.8% of returns per week.
Weekly Candle Stick analysis of Thermax Limited THERMAX
Candle stick analysis of Thermax Limited as on 21 Wed Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 7.2 HC: 6.4 LC: 0.8 OC: 0.5
Thermax Limited is moving towards a low expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 16 Fri Oct 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 4.7 HC: 1 LC: 3.6 OC: 2.7
Thermax Limited is moving towards a high expiry
Candle stick analysis of Thermax Limited as on 09 Fri Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 8.8 HC: 4.4 LC: 4.2 OC: 1.1
Thermax Limited is moving towards a low expiry
Candle stick analysis of Thermax Limited as on 01 Thu Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 6 HC: 3.1 LC: 2.8 OC: 0.4
Thermax Limited is moving towards a low expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 25 Fri Sep 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 7.1 HC: 4.9 LC: 2.1 OC: 2.2
Thermax Limited is moving towards a low expiry
Thermax Limited THERMAX Monthly Analysis to buy or sell
As per my analysis of Thermax Limited THERMAX, 12 month returns for Thermax Limited THERMAX have been positive, with total returns of 224.9, which is 7.7% with investment starting at 2920.10.
An investment of 100,000 bucks in Thermax Limited would have become 107700 bucks today.
Thermax Limited THERMAX moves in a range of 378 points on a month to month basis. This means that a total of approx 378 plus points of returns can be expected in a bullish month, and a total of 378 minus points can be expected in a bearish month.
This is about 12.02% of returns per month.
Monthly Candle Stick analysis of Thermax Limited THERMAX
Candle stick analysis of Thermax Limited as on 21 Wed Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 11 HC: 10.2 LC: 0.8 OC: 0.4
Thermax Limited is moving towards a low expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 25 Fri Sep 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 17.6 HC: 15.2 LC: 2.1 OC: 0.2
Thermax Limited is moving towards a low expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 28 Fri Aug 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 9.8 HC: 9.5 LC: 0.3 OC: 0.4
Thermax Limited is moving towards a low expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 31 Fri Jul 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 48 HC: 22.6 LC: 20.7 OC: 9.2
Thermax Limited is moving towards a low expiry
Candle stick analysis of Thermax Limited as on 25 Thu Jun 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 10.7 HC: 3.9 LC: 6.5 OC: 0.7
Thermax Limited is moving towards a high expiry
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