Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(TMB) Tamilnad Merca complete technical analysis [charts+indicators] | Buy/Sell Tamilnad Merca | (TMB) share price targets

Complete technical analysis of Tamilnad Merca (TMB) by charts plus indicators, forecast predictions and share price targets for Tamilnad Merca (TMB)

Showing technical analysis as on 2024-04-03 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 118628

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	491.35	485.00	499.00	484.00	0.576 times
02 Tue Apr 2024	492.05	495.00	498.55	491.20	0.265 times
01 Mon Apr 2024	493.65	490.00	494.50	482.75	0.616 times
28 Thu Mar 2024	485.60	486.95	490.00	474.55	1.227 times
27 Wed Mar 2024	476.25	457.00	495.60	450.95	3.824 times
26 Tue Mar 2024	456.35	462.40	467.45	455.00	1.019 times
22 Fri Mar 2024	462.40	462.60	466.00	459.55	0.514 times
21 Thu Mar 2024	462.60	465.00	470.00	460.00	0.53 times
20 Wed Mar 2024	460.80	460.00	463.90	456.10	0.745 times
19 Tue Mar 2024	464.30	469.95	470.00	461.05	0.547 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 485.8, but if it comes below 485.8, then a intra day sell could be more profitable.
If you take a sell trade below 485.8, then use 485.8 as stoploss and 473.01 as target. However if you take a buy trade in stock , then use 485.8 as stoploss and 501.1 as target.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	450.95
Downside Target	468.05
Upside Target	491.40
Upside Target	493.55
Upside Target	495.60
Upside Target	499.00
Upside Target	514.00
Upside Target	514.70
Upside Target	545.25

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	483.07
Downside Intraday Target	474.78
Upside Intraday Target	499.32
Upside Intraday Target	507.28
Downside Intraday Target	491.03

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	491.35	490.00	499.00	482.75	0.24 times
28 Thu Mar 2024	485.60	462.40	495.60	450.95	1.991 times
22 Fri Mar 2024	462.40	469.80	470.00	456.10	0.633 times
15 Fri Mar 2024	462.80	490.00	490.00	451.00	2.965 times
07 Thu Mar 2024	483.95	490.00	490.00	475.55	0.482 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tamilnad Merca (TMB)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	491.35	490.00	499.00	482.75	0.092 times
28 Thu Mar 2024	485.60	485.30	495.60	450.95	0.766 times
29 Thu Feb 2024	484.75	507.45	514.00	468.05	1.056 times
31 Wed Jan 2024	504.90	510.00	514.70	491.40	0.806 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tamilnad Merca (TMB)

Price action analysis of Tamilnad Merca ( (TMB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tamilnad Merca ( (TMB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tamilnad Merca ( (TMB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Tamilnad Merca stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Tamilnad Merca in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tamilnad Merca Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Tamilnad Merca in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Tamilnad Merca is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 474.47 and Tamilnad Merca (TMB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Tamilnad Merca (TMB) stock. Volume based technical analysis of Tamilnad Merca (TMB) stock is negative.

Tamilnad Merca Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.