Thermax Technical Analysis

Thermax Ltd Technical Analysis

Thermax Ltd technical analysis is gaining attention among traders and investors tracking Thermax Ltd Technical Analysis trends in the Indian stock market. Thermax Ltd (NSE: THERMAX, BSE: 500411) is currently trading at ₹4077.60, showing a 2.20% move as of Sun, May 10, 2026.

This detailed Thermax Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Thermax Ltd Stock Overview

Thermax Ltd operates in the Producer manufacturing sector under the Industrial machinery industry. With a market capitalization of ₹475.27B and a PE ratio of 67.36, Thermax Ltd remains a key stock to watch in Thermax Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹475.27B
• PE Ratio: 67.36
• Dividend Yield: 0.35
• Sector: Producer manufacturing
• Industry: Industrial machinery

These fundamentals play an important role in Thermax Ltd technical analysis and valuation tracking.

Thermax Ltd Support and Resistance Levels

Classic Pivot Levels

In Thermax Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 6083.03
• Resistance 2: 4970.73
• Resistance 1: 4524.17
• Pivot Point: 3858.43
• Support 1: 3411.87
• Support 2: 2746.13
• Support 3: 1633.83

Conditional Insight

Thermax Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 3411.87 and 2746.13.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Thermax Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 4970.73
• Fibonacci R2: 4545.83
• Fibonacci R1: 4283.33
• Fibonacci Pivot: 3858.43
• Fibonacci S1: 3433.53
• Fibonacci S2: 3171.03
• Fibonacci S3: 2746.13

Thermax Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Thermax Ltd Moving Average Analysis

Moving averages are key indicators in Thermax Ltd technical analysis for identifying trend direction.

• 10 EMA: 4189.30
• 20 EMA: 4016.99
• 30 EMA: 3871.23
• 50 EMA: 3664.03
• 100 EMA: 3429.72
• 200 EMA: 3368.98

Trend Logic

Thermax Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Thermax Ltd technical analysis remains positive above 200 EMA.

Thermax Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 77.19
• MACD: 227.18
• Signal: 212.72
• ADX: 46.91
• Momentum: 617.80

RSI Logic

Thermax Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Thermax Ltd technical analysis indicates bearish momentum with MACD below signal line.

Thermax Ltd Overall Recommendation

• Overall Recommendation Score: 0.60
• Moving Average Recommendation: 0.93
• Other Indicators Recommendation: 0.27

Overall Thermax Ltd technical analysis sentiment remains neutral with mixed signals.

Thermax Ltd Technical Analysis Conclusion

Thermax Ltd technical analysis suggests that traders should closely monitor price action around ₹4077.60 and key pivot level 3858.43. Breakouts above resistance or breakdown below support will define the next trend in Thermax Ltd technical analysis.

Investors searching for Thermax Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Thermax Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.