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Thermax Share Price Target - Tomorrow, Next Week & Next Month

Thermax Limited

Company LogoSymbol: THERMAX
Price: ₹5,300
Exchange: NSE
Industrials -> Specialty Industrial Machinery
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Thermax Recent Performance

Over the past 26 trading days, the value of Thermax's stock has decreased by ₹49.64 (-0.93%). On 28 May 2024, one share was worth ₹5349.64 and by 03 Jul 2024, the value dropped to ₹5300.00. During this period it created a highest high of ₹5699.95 and lowest low of ₹4930.79.

Below Image represents line chart of daily close price of Thermax, helping you visualize how the price has changed day by day.

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 Thermax Recent Daily Close Chart

Chart: Thermax Share Price Target - Tomorrow

 Thermax Targets For Tomorrow Chart

The line chart displays the Thermax daily closing prices for the past 26 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Thermax shares for Wed 03 Jul 2024, see the table below.

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Table: Thermax Share Price Target - Tomorrow

By analyzing Thermax stock with today and past crucial price points and technical indicators we derived following targets for Tomorrow: Thu, 04 Jul, 2024!

Thermax's LevelsValueReason/Importance
Tomorrow Target 35531.00 (+4.35%)Price Action: 13 Jun 2024 High
Tomorrow Target 25424.44 (+2.34%)Fibonacci Extension Level 138.2%
Tomorrow Target 15368.14 (+1.28%)Price Action: 01 Jul 2024 High
Current Price5300.00 Thermax's 1 share price as of Wed 03 Jul 2024
Stop Loss 15282.00 (-0.34%)Price Action: 06 Jun 2024 High
Stop Loss 25265.39 (-0.66%)Price Action: 25 Jun 2024 High
Stop Loss 35232.00 (-1.29%)Price Action: 18 Jun 2024 Low

Summary: Thermax Share Price Prediction For Tomorrow

Wed 03 Jul 2024: Thermax finished the day at ₹5300.00, gaining ₹131.36 (+2.54%) in 1 day.

In summary, our analysis of Thermax for tomorrow predicts a rise of 1.28% to 4.35% with three potential targets T1: ₹5368.14, T2: ₹5424.44, T3: ₹5531.00 and Stop-Loss (SL) at SL1: ₹5282.00, SL2: ₹5265.39, SL3: ₹5232.00.

Additionally, we've identified a support level at ₹5151.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹5349.00, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

After looking at tomorrow's share price prediction, let's now check what next week might hold for Thermax.

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Chart: Thermax Share Price Target - Next Week

 Thermax Targets For Next Week Chart

The chart displays the Thermax weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for Thermax shares for next week, see the table below.

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Table: Thermax Share Price Target - Next Week

By analyzing Thermax stock with today and past crucial price points and technical indicators we derived following targets for the next week!

Thermax's LevelsValueReason/Importance
Next Week Target 35531.00 (+4.35%)Price Action: 13 Jun 2024 High
Next Week Target 25463.10 (+3.07%)Price Action: 05 Jun 2024 High
Next Week Target 15400.30 (+1.89%)Custom Fibonacci Extension Lvl 23.6%
Current Price5300.00 Thermax's 1 share price as of Wed 03 Jul 2024
Stop Loss 15265.39 (-0.66%)Price Action: 25 Jun 2024 High
Stop Loss 25189.89 (-2.08%)Price Action: 26 Jun 2024 High
Stop Loss 35131.04 (-3.19%)Price Action: 11 Jun 2024 Low

Summary: Thermax Share Price Prediction For Next Week

As of Wed 03 Jul 2024, Thermax share price stands at ₹5300.00, losing ₹-51.00 (-0.95%) in this week.

In summary, our analysis of Thermax for next week predicts a rise of 1.89% to 4.35% with three potential targets T1: ₹5400.30, T2: ₹5463.10, T3: ₹5531.00 and Stop-Loss (SL) at SL1: ₹5265.39, SL2: ₹5189.89, SL3: ₹5131.04.

Additionally, we've identified a support level at ₹5150.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹5368.14, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Thermax.

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Chart: Thermax Share Price Target - Next Month

 Thermax Targets For Next Month Chart

The chart displays the Thermax monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Thermax shares for next month, see the table below.

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Table: Thermax Share Price Target - Next Month

By analyzing Thermax stock with today and past crucial price points and technical indicators we derived following targets for Next Month!

Thermax's LevelsValueReason/Importance
Next Month Target 35684.58 (+7.25%)Custom Fibonacci Extension Lvl 50%
Next Month Target 25531.00 (+4.35%)Price Action: 13 Jun 2024 High
Next Month Target 15449.89 (+2.82%)Price Action: 12 Jun 2024 High
Current Price5300.00 Thermax's 1 share price as of Wed 03 Jul 2024
Stop Loss 15257.14 (-0.81%)Price Action: 10 Jun 2024 High
Stop Loss 25189.89 (-2.08%)Price Action: 26 Jun 2024 High
Stop Loss 35131.04 (-3.19%)Price Action: 11 Jun 2024 Low

Summary: Thermax Share Price Prediction For Next Month

As of Wed 03 Jul 2024, Thermax share price stands at ₹5300.00, losing ₹-50.00 (-0.93%) in this month.

In summary, our analysis of Thermax for next month predicts a rise of 2.82% to 7.25% with three potential targets T1: ₹5449.89, T2: ₹5531.00, T3: ₹5684.58 and Stop-Loss (SL) at SL1: ₹5257.14, SL2: ₹5189.89, SL3: ₹5131.04.

Additionally, we've identified a support level at 5151.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at 5699.95, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Thermax, we created a specific page for that check here: Thermax Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Thermax short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Thermax Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter