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 2024-04-23 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 89127

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	494.20	501.80	503.00	492.05	1.923 times
22 Mon Apr 2024	496.90	489.95	502.00	487.00	1.779 times
19 Fri Apr 2024	482.20	484.90	485.55	477.00	0.852 times
18 Thu Apr 2024	482.15	490.00	490.00	480.05	1.027 times
16 Tue Apr 2024	485.75	488.90	494.95	480.00	0.475 times
15 Mon Apr 2024	482.95	475.05	488.95	475.05	0.828 times
12 Fri Apr 2024	490.30	495.90	495.90	488.00	0.467 times
10 Wed Apr 2024	495.95	499.90	499.90	491.00	0.598 times
09 Tue Apr 2024	497.95	501.00	501.00	492.00	0.686 times
08 Mon Apr 2024	498.90	500.00	504.10	493.40	1.5 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 498.1 as stoploss in an intra day sell trade for a target of 485.87. However, stock will show a bullish move above 498.1.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	450.95
Downside Target	468.05
Upside Target	495.60
Upside Target	502.00
Upside Target	503.00
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	486.47
Downside Intraday Target	478.73
Upside Intraday Target	502.47
Upside Intraday Target	510.73
Upside Intraday Target	494.73

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	494.20	489.95	503.00	487.00	1.163 times
19 Fri Apr 2024	482.20	475.05	494.95	475.05	0.979 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

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
23 Tue Apr 2024	494.20	490.00	504.10	475.05	0.692 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Tamilnad Merca ( (TMB) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining momentum.

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

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

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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Tamilnad Merca in short term and BUY signal is strong.

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

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 492 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 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.