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 Jan | 2929.40 | 2909.90 | 2943.00 | 2847.80 |
| 20 Tue Jan | 2921.40 | 2925.00 | 2960.40 | 2895.40 |
| 19 Mon Jan | 2937.70 | 2950.40 | 2956.80 | 2926.70 |
| 16 Fri Jan | 2970.30 | 2947.00 | 2975.00 | 2920.00 |
| 14 Wed Jan | 2971.80 | 2951.00 | 2986.20 | 2940.50 |
Stock of Thermax Limited closed at 2929.40 and it opened at 2909.90
It moved inside a range of 2847.80 and 2943.00
52 week High is 4091.80 and 52 week Low is 2742.70
Financial Year High is 4091.80 and Low is 2742.70
This year High is 3120.00 and Low is 2847.80
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 -141.2, which is -4.6% with investment starting at 3070.60.
An investment of 100,000 bucks in Thermax Limited would have become 95400 bucks today.
Thermax Limited THERMAX moves in a range of 24.7 points on a day to day basis. This means that a total of approx 24.7 plus points of returns can be expected in a bullish day, and a total of 24.7 minus points can be expected in a bearish day.
This is about 0.84% 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 2950.5, but if it comes above 2950.5, then a intra day buy could be more profitable.
If you take a sell trade below 2950.5, then use 2950.5 as stoploss and 2889 as target. However if you take a buy trade in Thermax Limited, then use 2950.5 as stoploss and 3001.76 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 Jan 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 3.3 HC: 0.5 LC: 2.9 OC: 1.1
Thermax Limited is moving towards a high expiry
Candle stick analysis of Thermax Limited as on 20 Tue Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 2.2 HC: 1.3 LC: 0.9 OC: 1.2
Thermax Limited is moving towards a low expiry
Candle stick analysis of Thermax Limited as on 19 Mon Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 1 HC: 0.7 LC: 0.4 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 16 Fri Jan 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 1.9 HC: 0.2 LC: 1.7 OC: 1
Thermax Limited is moving towards a high expiry
Candle stick analysis of Thermax Limited as on 14 Wed Jan 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 1.6 HC: 0.5 LC: 1.1 OC: 1.2
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 -261.5, which is -8.2% with investment starting at 3190.90.
An investment of 100,000 bucks in Thermax Limited would have become 91800 bucks today.
Thermax Limited THERMAX moves in a range of 59.6 points on a week to week basis. This means that a total of approx 59.6 plus points of returns can be expected in a bullish week, and a total of 59.6 minus points can be expected in a bearish week.
This is about 2.03% of returns per week.
Weekly Candle Stick analysis of Thermax Limited THERMAX
Candle stick analysis of Thermax Limited as on 21 Wed Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 4 HC: 1.1 LC: 2.9 OC: 0.3
Thermax Limited is moving towards a high expiry
Thermax Limited is forming a DOJI candle
Candle stick analysis of Thermax Limited as on 16 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 4.4 HC: 2.7 LC: 1.7 OC: 1
Thermax Limited is moving towards a low expiry
Candle stick analysis of Thermax Limited as on 09 Fri Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 4.5 HC: 3.2 LC: 1.3 OC: 2.6
Thermax Limited is moving towards a low expiry
Candle stick analysis of Thermax Limited as on 02 Fri Jan 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: 1.8 LC: 2.9 OC: 2
Thermax Limited is moving towards a high expiry
Candle stick analysis of Thermax Limited as on 26 Fri Dec 2025 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 5.5 HC: 0.2 LC: 5.3 OC: 4.4
Thermax Limited is moving towards a high 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 negative, with total returns of -319.1, which is -9.82% with investment starting at 3248.50.
An investment of 100,000 bucks in Thermax Limited would have become 90180 bucks today.
Thermax Limited THERMAX moves in a range of 222.1 points on a month to month basis. This means that a total of approx 222.1 plus points of returns can be expected in a bullish month, and a total of 222.1 minus points can be expected in a bearish month.
This is about 7.58% of returns per month.
Monthly Candle Stick analysis of Thermax Limited THERMAX
Candle stick analysis of Thermax Limited as on 21 Wed Jan 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 9.6 HC: 6.5 LC: 2.9 OC: 3.3
Thermax Limited is moving towards a low expiry
Candle stick analysis of Thermax Limited as on 26 Fri Dec 2025 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 10 HC: 0.2 LC: 9.8 OC: 2.3
Thermax Limited is moving towards a high expiry
Candle stick analysis of Thermax Limited as on 28 Fri Nov 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 16.8 HC: 13.6 LC: 2.8 OC: 2.8
Thermax Limited is moving towards a low expiry
Candle stick analysis of Thermax Limited as on 31 Fri Oct 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 8.2 HC: 4.2 LC: 3.8 OC: 3.9
Thermax Limited is moving towards a low expiry
Candle stick analysis of Thermax Limited as on 26 Fri Sep 2025 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Thermax Limited are:
HL: 10.4 HC: 9.1 LC: 1.1 OC: 8.3
Thermax Limited is moving towards a low expiry
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