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 2024-09-27 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 156838

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	450.90	478.00	479.70	446.00	4.308 times
26 Thu Sep 2024	477.20	479.80	480.60	475.00	0.435 times
25 Wed Sep 2024	478.25	482.75	482.75	475.00	0.663 times
24 Tue Sep 2024	480.35	480.90	486.95	478.85	0.464 times
23 Mon Sep 2024	480.90	484.00	485.95	478.30	0.808 times
20 Fri Sep 2024	480.85	479.80	489.40	477.55	0.873 times
19 Thu Sep 2024	488.85	499.00	499.00	484.00	1.315 times
18 Wed Sep 2024	492.20	494.50	497.85	486.30	1.429 times
17 Tue Sep 2024	494.65	480.00	496.60	479.05	2.999 times
16 Mon Sep 2024	479.05	483.75	483.75	477.20	0.545 times

Stock of Tamilnad Merca (TMB) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 456.8, for a target of 468.2 or 477.71

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	435.62
Downside Intraday Target	420.33
Upside Intraday Target	476.57
Upside Intraday Target	502.23
Upside Intraday Target	461.28

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	450.90	484.00	486.95	446.00	0.932 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
27 Fri Sep 2024	450.90	470.80	499.00	446.00	0.521 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 down 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 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 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 Strong and stock is gaining 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 SELL signal in short term and selling is picking up 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 476.13 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 negative.

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