Overall Technical outlook

Price Summary

On 2025-08-14, Thermax Limited's stock opened at 3287.1, reached 3312.0, hit a low of 3264.3, and rose -0.39% to close at 3274.3, with 50859 shares traded.
In the last 52 weeks, the stock's top price was 5431.15 and the bottom price was 3011.45.
The price projection is between 2400.0 and 5100.0, with an average expected price around 3646.8572, according to 21 analysts.

Technicals

Support and Resistance: The current price of 3274.3 is supported at 3011.45, with resistance at 3339.65. This suggests that the price for THERMAX might remain between these levels, where 3011.45 acts as a floor and 3339.65 as a ceiling in the market.
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Support/Resistance for THERMAX


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Thermax Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for Thermax Limited


Bol. Bands: The current state of the BOLL BANDS is neutral for THERMAX, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Bolinger Bands chart for Thermax Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for THERMAX.
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Parabolic Stop and Reverse chart for Thermax Limited


Stochastic: The stochastic indicator reflects a bullish signal as the K-line crosses above the D-line and remains below 20. This setup is typically viewed as the beginning of a bullish move, suggesting that the market might soon experience upward momentum. Traders could see this as an opportunity to enter at a favorable point.
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Stochastic chart for Thermax Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages for THERMAX are aligned in a bearish pattern, with their downward slopes confirming the strength of this trend. The consistent decline in these averages indicates a robust bearish momentum, suggesting that the market is likely to continue its downward trajectory. This alignment and the slopes reinforce a strong overall bearish trend, with little indication of an imminent reversal.
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Tripple SMA chart for Thermax Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.