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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 2024-09-09 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 137977

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	477.65	489.00	489.00	474.30	1.632 times
06 Fri Sep 2024	482.60	473.95	487.70	472.40	2.653 times
05 Thu Sep 2024	472.35	469.95	476.85	467.05	0.844 times
04 Wed Sep 2024	466.75	465.00	470.80	464.30	0.683 times
03 Tue Sep 2024	471.00	470.00	472.95	468.15	0.973 times
02 Mon Sep 2024	465.40	470.80	472.75	464.00	0.802 times
30 Fri Aug 2024	470.80	467.95	473.00	466.90	1.353 times
29 Thu Aug 2024	466.90	467.60	468.00	465.00	0.449 times
28 Wed Aug 2024	467.60	471.00	473.70	465.85	0.779 times
27 Tue Aug 2024	467.85	462.95	470.80	462.00	0.699 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 473, but if it comes below 473, then a intra day sell could be more profitable.
If you take a sell trade below 473, then use 473 as stoploss and 463.85 as target. However if you take a buy trade in stock , then use 473 as stoploss and 483.9 as target.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	438.05
Downside Target	473.70
Downside Target	474.30
Downside Target	474.65
Upside Target	485.00
Upside Target	487.70
Upside Target	489.00
Upside Target	491.15
Upside Target	499.25

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	471.63
Downside Intraday Target	465.62
Upside Intraday Target	486.33
Upside Intraday Target	495.02
Upside Intraday Target	480.32

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	477.65	489.00	489.00	474.30	0.274 times
06 Fri Sep 2024	482.60	470.80	487.70	464.00	1.473 times
30 Fri Aug 2024	470.80	463.00	473.70	461.10	0.821 times
23 Fri Aug 2024	462.85	460.00	474.65	455.15	2.416 times
16 Fri Aug 2024	451.00	451.00	454.00	444.00	0.053 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
09 Mon Sep 2024	477.65	470.80	489.00	464.00	0.147 times
30 Fri Aug 2024	470.80	463.00	485.00	438.05	2.727 times
31 Wed Jul 2024	462.60	472.20	489.00	454.75	1.007 times
28 Fri Jun 2024	471.30	464.50	499.25	446.00	2 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 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 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 green color and prices are above the green 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 473.61 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 positive

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