Munafa Thermax Limited (THERMAX) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Thermax Limited (THERMAX) Indicator analysis

Thermax Limited stock tips (delivery Volume analysis)

Total 5 day volume for Thermax Limited is 1073512, out of which 542234 went into delivery, which is 50.51 percent of total volumes

Volumes in the last session was 146567, out of which 71207 went into delivery, which is 48.58 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Thermax THERMAX intraday stock tips

02 Thursday April Stock tips for Thermax (THERMAX) Stock 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!

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

My analysis of Thermax is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Thermax stays above 3284.7, but if it comes below 3284.7, then a intra day sell could be more profitable.
If you take a sell trade below 3284.7, then use 3284.7 as stoploss and 3202.72 as target. However if you take a buy trade in Thermax, then use 3284.7 as stoploss and 3383.2 as target.

01 Wednesday April Stock tips for Thermax (THERMAX) Stock 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!

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

Although my analysis for Thermax is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3371.5, for a target of 3274.1 or 3192.94

30 Monday March Stock tips for Thermax (THERMAX) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

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

My analysis of Thermax is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Thermax stays above 3250.6, but if it comes below 3250.6, then a intra day sell could be more profitable.
If you take a sell trade below 3250.6, then use 3250.6 as stoploss and 3176.9 as target. However if you take a buy trade in Thermax, then use 3250.6 as stoploss and 3339.1 as target.

27 Friday March Stock tips for Thermax (THERMAX) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

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

My analysis of Thermax is bullish for shortterm, and stock might move up till 3239.2 or till 3324.6. Use a stoploss of 3168.08 and if this stock hits its stoploss, then it can fall down till 3096.93

25 Wednesday March Stock tips for Thermax (THERMAX) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

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

My analysis of Thermax is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Thermax stays above 3236, but if it comes below 3236, then a intra day sell could be more profitable.
If you take a sell trade below 3236, then use 3236 as stoploss and 3165.05 as target. However if you take a buy trade in Thermax, then use 3236 as stoploss and 3321.2 as target.

24 Tuesday March Stock tips for Thermax (THERMAX) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

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

My analysis of Thermax is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3225 as stoploss in an intra day sell trade for a target of 3156.2. However, stock will show a bullish move above 3225.

23 Monday March Stock tips for Thermax Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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

My analysis of Thermax is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3083.9 as stoploss in an intra day buy trade for a target of 3152.47. However, stock will show a bearish move below 3083.9.

Thermax THERMAX tips for tomorrow

Tomorrow's movement Prediction of Thermax THERMAX appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Munafa value: 46

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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