Stock analysis Thermax Limited THERMAX
More indepth analysis on MunafaSutra.com
Recent prices of THERMAX Thermax Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 20 Thu Feb 2025 | 3328.55 | 3293.20 to 3409.95 | -0.33% | 0.92 times |
| 19 Wed Feb 2025 | 3339.65 | 3134.20 to 3443.95 | 3.98% | 2.27 times |
| 18 Tue Feb 2025 | 3211.75 | 2983.65 to 3249.00 | 6.65% | 2.29 times |
| 17 Mon Feb 2025 | 3011.45 | 2950.05 to 3107.70 | -3.14% | 0.65 times |
| 14 Fri Feb 2025 | 3109.00 | 3051.15 to 3203.00 | -2.16% | 0.45 times |
| 13 Thu Feb 2025 | 3177.50 | 3163.10 to 3260.50 | -0.13% | 0.41 times |
| 12 Wed Feb 2025 | 3181.60 | 3062.00 to 3257.70 | 0.51% | 1.06 times |
| 11 Tue Feb 2025 | 3165.30 | 3103.00 to 3262.50 | -3.46% | 0.74 times |
| 10 Mon Feb 2025 | 3278.90 | 3260.00 to 3387.10 | -3.22% | 0.36 times |
| 07 Fri Feb 2025 | 3388.05 | 3265.00 to 3424.00 | 2.19% | 0.66 times |
| 06 Thu Feb 2025 | 3315.50 | 3233.60 to 3356.90 | -0.88% | 1.1 times |
| 05 Wed Feb 2025 | 3345.05 | 3325.00 to 3500.00 | -5.56% | 1.83 times |
Technical analysis forecast for Thermax Limited Stock is that its 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. Stock is falling and might fall more.
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, stock might keep falling and stock might move lower...
My analysis of Thermax Limited is bearish for shortterm, and stock might move down till 3168.4 or till 2883.6. Use a stoploss of 3405.82 and if the stock hits stoploss, then it can shoot up till 3643.2