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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 2024-09-26 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 159396

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	477.20	479.80	480.60	475.00	0.428 times
25 Wed Sep 2024	478.25	482.75	482.75	475.00	0.652 times
24 Tue Sep 2024	480.35	480.90	486.95	478.85	0.456 times
23 Mon Sep 2024	480.90	484.00	485.95	478.30	0.795 times
20 Fri Sep 2024	480.85	479.80	489.40	477.55	0.859 times
19 Thu Sep 2024	488.85	499.00	499.00	484.00	1.294 times
18 Wed Sep 2024	492.20	494.50	497.85	486.30	1.406 times
17 Tue Sep 2024	494.65	480.00	496.60	479.05	2.951 times
16 Mon Sep 2024	479.05	483.75	483.75	477.20	0.536 times
13 Fri Sep 2024	477.20	478.00	479.80	474.10	0.463 times

My analysis of stock is bearish for shortterm, and stock might move down till 471.2 or till 462.3. Use a stoploss of 478.7 and if the stock hits stoploss, then it can shoot up till 486.15

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	438.05
Upside Target	485.00
Upside Target	486.95
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	472.48
Downside Intraday Target	467.77
Upside Intraday Target	484.43
Upside Intraday Target	491.67
Upside Intraday Target	479.72

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	477.20	484.00	486.95	475.00	0.331 times
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

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
26 Thu Sep 2024	477.20	470.80	499.00	464.00	0.426 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Weak and stock is losing momentum.

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

Tamilnad Merca Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 487.04 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 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.