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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 2024-09-20 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 205892

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	480.85	479.80	489.40	477.55	0.665 times
19 Thu Sep 2024	488.85	499.00	499.00	484.00	1.002 times
18 Wed Sep 2024	492.20	494.50	497.85	486.30	1.088 times
17 Tue Sep 2024	494.65	480.00	496.60	479.05	2.284 times
16 Mon Sep 2024	479.05	483.75	483.75	477.20	0.415 times
13 Fri Sep 2024	477.20	478.00	479.80	474.10	0.358 times
12 Thu Sep 2024	474.35	483.80	483.80	472.55	0.455 times
11 Wed Sep 2024	478.80	486.45	487.80	477.00	0.437 times
10 Tue Sep 2024	484.80	481.95	485.40	478.30	1.088 times
09 Mon Sep 2024	477.65	489.00	489.00	474.30	1.094 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 485.1 as stoploss in an intra day sell trade for a target of 476.13. However, stock will show a bullish move above 485.1.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	438.05
Downside Target	477.20
Upside Target	485.00
Upside Target	487.70
Upside Target	489.00
Upside Target	491.15
Upside Target	499.00
Upside Target	499.25

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	472.37
Downside Intraday Target	463.88
Upside Intraday Target	494.17
Upside Intraday Target	507.48
Upside Intraday Target	485.68

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	480.85	483.75	499.00	477.20	1.589 times
13 Fri Sep 2024	477.20	489.00	489.00	472.55	0.86 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tamilnad Merca (TMB)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	480.85	470.80	499.00	464.00	0.373 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Tamilnad Merca stock for short term is BUY. Signal strength is Strong 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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Tamilnad Merca in short term and SELL signal is strong!

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 486.11 and Tamilnad Merca (TMB) stock is trading below this level. This means that stock is falling with high volumes. 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 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.