Overall Technical outlook

Price Summary

Thermax Limited's shares slumped -3.22% today, reflecting a poor day on the market.
On 2025-10-17, Thermax Limited's stock began at 3250.0, climbed to 3250.1, dropped to 3113.2, and had -3.22% to end at 3145.2, with a volume of 156781 shares.
In the 52-week period, the stock's peak price is 5431.15, and the lowest price recorded is 3011.45.
Analysts expect the price of THERMAX to vary between 2400.0 and 5100.0, with an average expected price near 3646.8572.

Technicals

Support and Resistance: The price currently sits at 3145.2, finding support at 3131.5 and resistance at 3239.1. These levels define a range for Thermax Limited where the price may move, with 3131.5 offering a base and 3239.1 limiting upward momentum.
THERMAX supportResistance bdded1
Support/Resistance for THERMAX


Aroon: The AROON indicator is currently reflecting a strong bullish trend, as the Aroon Up has increased and the Aroon Oscillator has reversed. These signals suggest a reversal to an upward trend, indicating that market sentiment is shifting towards optimism. Investors might expect further upward movement, with the potential for continued gains in the market.
THERMAX aroon bdded1
Aroon chart for Thermax Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position for Thermax Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
THERMAX bbands bdded1
Bolinger Bands chart for Thermax Limited


Parabolic SAR: The PSAR has just reversed for THERMAX from bearish to bullish, which could signal a trend change. When interpreted alongside other indicators, this reversal may indicate a strong bullish trend if supported by broader market movements. Investors should look for additional confirmation from other indicators before making decisions.
THERMAX psar bdded1
Parabolic Stop and Reverse chart for Thermax Limited


Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
THERMAX stoch bdded1
Stochastic chart for Thermax Limited


Tripple Moving Agerage: A bullish trend is evident from the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages indicate a potential reversal for THERMAX. The weakening signals from the shorter-term averages suggest that the upward momentum may be fading, signaling the possibility of an impending change in trend.
THERMAX trippleSMA bdded1
Tripple SMA chart for Thermax Limited


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.