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Thermax Limited

THERMAX.BO•BSE
Industrials
Industrial - Machinery
₹4484.90
₹-196.25(-4.19%)
Indian Market opens in 11h 10m

Thermax Limited (THERMAX.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Thermax Limited (BSE:THERMAX.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

THERMAX.BO Technical Analysis Summary

Thermax Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 69.55)
Trend Strength:Very Strong (ADX: 47.01)
Volatility:Medium (ATR: 199.33)
Support/Resistance:$3702.33 – $4525.47 (Bollinger Bands)

Technical conditions suggest Thermax Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 69.55

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 74.54

Bullish
Buying momentum building without extremes.

Williams %R: -35.43

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 8.34

Strongly Bullish
Strong upside momentum.

Takeaway:Thermax Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 241.07

Bullish
Bullish, trend momentum is strengthening.

ADX: 47.01

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 199.33

Rising
Rising volatility, market activity increasing.

CCI (14): 241.32

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Thermax Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4525.47
Middle Band (SMA 20)
$4113.90
Lower Band
$3702.33
Current Position
Within Bands

Takeaway:Thermax Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$4464.32
Middle Line (EMA 20)
$4065.65
Lower Channel
$3666.98
Squeeze Status
No Squeeze

Takeaway:Thermax Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume729.14K
Money Flow Index58.92Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.12Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:THERMAX.BO shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Thermax Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Thermax Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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