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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 2024-10-01 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 251562

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	470.90	471.00	472.60	464.00	0.552 times
30 Mon Sep 2024	470.70	457.00	474.10	450.90	1.713 times
27 Fri Sep 2024	450.90	478.00	479.70	446.00	2.686 times
26 Thu Sep 2024	477.20	479.80	480.60	475.00	0.271 times
25 Wed Sep 2024	478.25	482.75	482.75	475.00	0.413 times
24 Tue Sep 2024	480.35	480.90	486.95	478.85	0.289 times
23 Mon Sep 2024	480.90	484.00	485.95	478.30	0.504 times
20 Fri Sep 2024	480.85	479.80	489.40	477.55	0.544 times
19 Thu Sep 2024	488.85	499.00	499.00	484.00	0.82 times
18 Wed Sep 2024	492.20	494.50	497.85	486.30	0.891 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 468.8 as stoploss in an intra day buy trade for a target of 477.97. However, stock will show a bearish move below 468.8.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	438.05
Downside Target	464.00
Upside Target	477.20
Upside Target	485.00
Upside Target	486.95
Upside Target	487.70
Upside Target	489.00
Upside Target	499.00
Upside Target	499.25

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	456.5
Downside Intraday Target	442.1
Upside Intraday Target	479.7
Upside Intraday Target	488.5
Downside Intraday Target	465.3

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	470.90	457.00	474.10	450.90	0.544 times
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

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
01 Tue Oct 2024	470.90	471.00	472.60	464.00	0.034 times
30 Mon Sep 2024	470.70	470.80	499.00	446.00	0.582 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

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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Tamilnad Merca stock for short term is SELL. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Tamilnad Merca in short term but BUY 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 470.62 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.