Is THERMAX in uptrend or downtrend?

In the short term price movements in THERMAX share indicates the market is rangebound, with bulls trying to absorb excessive supply.

What is THERMAX share price forecast for tomorrow?

In Thermax Limited stock current resistance level is at 3184 and support level is at 2938. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Sideways.

What are THERMAX support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Thermax Limited in the short-term, the supply zone around 3184 and 3180. Hence, good chances of resistance around 3180. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Thermax Limited share is around 2938 and 2940. Hence, good chances for support around 2940.

Why is THERMAX share price falling today?

Perhaps THERMAX stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

THERMAX Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data