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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 2024-10-10 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 202897

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	452.70	450.90	453.75	449.85	0.245 times
09 Wed Oct 2024	448.60	450.10	456.75	446.45	0.412 times
08 Tue Oct 2024	448.50	444.00	455.00	438.05	0.833 times
07 Mon Oct 2024	444.95	457.00	459.00	442.50	0.794 times
04 Fri Oct 2024	456.80	464.00	464.00	455.25	0.417 times
03 Thu Oct 2024	461.00	470.90	471.80	459.95	0.56 times
01 Tue Oct 2024	470.90	471.00	472.60	464.00	0.684 times
30 Mon Sep 2024	470.70	457.00	474.10	450.90	2.123 times
27 Fri Sep 2024	450.90	478.00	479.70	446.00	3.33 times
26 Thu Sep 2024	477.20	479.80	480.60	475.00	0.336 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 455.4, but if it comes above 455.4, then a intra day buy could be more profitable.
If you take a sell trade below 455.4, then use 455.4 as stoploss and 437.3 as target. However if you take a buy trade in stock , then use 455.4 as stoploss and 470.45 as target.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	438.05
Upside Target	472.55
Upside Target	474.10
Upside Target	477.20
Upside Target	485.00
Upside Target	486.95
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	440.83
Downside Intraday Target	428.97
Upside Intraday Target	461.78
Upside Intraday Target	470.87
Downside Intraday Target	449.92

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	452.70	457.00	459.00	438.05	0.603 times
04 Fri Oct 2024	456.80	457.00	474.10	450.90	0.733 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

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
10 Thu Oct 2024	452.70	471.00	472.60	438.05	0.194 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the sell signal is strong.

Tamilnad Merca Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 457.62 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.