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(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 2024-04-16 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 76690

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	485.75	488.90	494.95	480.00	0.552 times
15 Mon Apr 2024	482.95	475.05	488.95	475.05	0.962 times
12 Fri Apr 2024	490.30	495.90	495.90	488.00	0.543 times
10 Wed Apr 2024	495.95	499.90	499.90	491.00	0.695 times
09 Tue Apr 2024	497.95	501.00	501.00	492.00	0.798 times
08 Mon Apr 2024	498.90	500.00	504.10	493.40	1.744 times
05 Fri Apr 2024	495.45	497.85	502.00	492.60	2.077 times
04 Thu Apr 2024	494.50	496.25	499.00	491.70	0.928 times
03 Wed Apr 2024	491.35	485.00	499.00	484.00	0.891 times
02 Tue Apr 2024	492.05	495.00	498.55	491.20	0.411 times

My analysis of stock is bullish for shortterm, and stock might move up till 495.5 or till 513. Use a stoploss of 480.85 and if this stock hits its stoploss, then it can fall down till 466.23

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	450.95
Downside Target	468.05
Upside Target	494.95
Upside Target	495.60
Upside Target	502.00
Upside Target	504.10
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	475.55
Downside Intraday Target	465.35
Upside Intraday Target	495.45
Upside Intraday Target	505.15
Downside Intraday Target	485.25

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	485.75	475.05	494.95	475.05	0.401 times
12 Fri Apr 2024	490.30	500.00	504.10	488.00	0.719 times
05 Fri Apr 2024	495.45	490.00	502.00	482.75	0.56 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

Price has moved down 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
16 Tue Apr 2024	485.75	490.00	504.10	475.05	0.429 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Tamilnad Merca Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 493.6 and Tamilnad Merca (TMB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been positive

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