Select Page

Home / Short Term Target / Thermax

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

Thermax Limited

Company LogoSymbol: THERMAX
Price: ₹5,311.89
Exchange: NSE
Industrials -> Specialty Industrial Machinery
Show Table of Contents

Thermax Recent Performance

Over the past 26 trading days, the value of Thermax's stock has increased by ₹729.89 (+15.93%). On 10 May 2024, one share was worth ₹4582.00 and by 14 Jun 2024, the value jumped to ₹5311.89. During this period it created a highest high of ₹5699.95 and lowest low of ₹4413.14.

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

Advertisement
 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 Fri 14 Jun 2024, see the table below.

Advertisement

Table: Thermax Share Price Target - Tomorrow

By analyzing Thermax stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 17 Jun, 2024!

Thermax's LevelsValueReason/Importance
Tomorrow Target 35531.00 (+4.12%)Price Action: 13 Jun 2024 High
Tomorrow Target 25461.11 (+2.8%)Fibonacci Extension Level 138.2%
Tomorrow Target 15404.64 (+1.74%)Price Action: Jun 2024 High
Current Price5311.89 Thermax's 1 share price as of Fri 14 Jun 2024
Stop Loss 15313.26 (+0.02%)Fibonacci Retracement Level 61.8%
Stop Loss 25288.42 (-0.45%)Fibonacci Retracement Level 78.6%
Stop Loss 35257.14 (-1.04%)Price Action: 10 Jun 2024 High

Summary: Thermax Share Price Prediction For Tomorrow

Fri 14 Jun 2024: Thermax finished the day at ₹5311.89, losing ₹-30.50 (-0.57%) in 1 day.

In summary, our analysis of Thermax for tomorrow predicts a rise of 1.74% to 4.12% with three potential targets T1: ₹5404.64, T2: ₹5461.11, T3: ₹5531.00 and Stop-Loss (SL) at SL1: ₹5313.26, SL2: ₹5288.42, SL3: ₹5257.14.

Additionally, we've identified a support level at ₹5256.79 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹5404.64, 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.

Over the last 26 trading days, the stock has jumped 15.93%, indicating it could be a excellent option for trading or short-term investment. During this period, its price fluctuated between 5699.95 and 4413.14.

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

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

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.

Advertisement

Table: Thermax Share Price Target - Next Week

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

Thermax's LevelsValueReason/Importance
Next Week Target 35632.70 (+6.03%)Custom Fibonacci Extension Lvl 64.9%
Next Week Target 25531.00 (+4.12%)Price Action: 13 Jun 2024 High
Next Week Target 15446.44 (+2.53%)Custom Fibonacci Extension Lvl 23.6%
Current Price5311.89 Thermax's 1 share price as of Fri 14 Jun 2024
Stop Loss 15307.35 (-0.09%)Price Action: 11 Jun 2024 High
Stop Loss 25247.00 (-1.23%)Price Action: 29 May 2024 Low
Stop Loss 35170.00 (-2.68%)Price Action: 22 May 2024 High

Summary: Thermax Share Price Prediction For Next Week

As of Fri 14 Jun 2024, Thermax share price stands at ₹5311.89, gaining ₹85.79 (+1.64%) in this week.

In summary, our analysis of Thermax for next week predicts a rise of 2.53% to 6.03% with three potential targets T1: ₹5446.44, T2: ₹5531.00, T3: ₹5632.70 and Stop-Loss (SL) at SL1: ₹5307.35, SL2: ₹5247.00, SL3: ₹5170.00.

Additionally, we've identified a support level at ₹5131.04 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹5531.00, 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.

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

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.

Advertisement

Table: Thermax Share Price Target - Next Month

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

Thermax's LevelsValueReason/Importance
Next Month Target 35808.43 (+9.34%)Price Action: Chart
Next Month Target 25700.13 (+7.3%)Price Action: Chart
Next Month Target 15643.69 (+6.24%)Custom Fibonacci Extension Lvl 23.6%
Current Price5311.89 Thermax's 1 share price as of Fri 14 Jun 2024
Stop Loss 15257.14 (-1.04%)Price Action: 10 Jun 2024 High
Stop Loss 25170.00 (-2.68%)Price Action: 22 May 2024 High
Stop Loss 35102.14 (-3.95%)Price Action: 06 Jun 2024 Low

Summary: Thermax Share Price Prediction For Next Month

As of Fri 14 Jun 2024, Thermax share price stands at ₹5311.89, losing ₹-92.75 (-1.72%) in this month.

In summary, our analysis of Thermax for next month predicts a rise of 6.24% to 9.34% with three potential targets T1: ₹5643.69, T2: ₹5700.13, T3: ₹5808.43 and Stop-Loss (SL) at SL1: ₹5257.14, SL2: ₹5170.00, SL3: ₹5102.14.

Additionally, we've identified a support level at 5256.79 — 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

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.


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