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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 2024-10-17 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 104135

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	441.35	445.00	445.00	439.85	0.882 times
16 Wed Oct 2024	441.80	450.00	451.60	438.45	2.064 times
15 Tue Oct 2024	448.65	452.40	456.00	448.05	0.433 times
14 Mon Oct 2024	452.30	453.95	455.00	450.05	0.567 times
11 Fri Oct 2024	451.95	453.00	455.45	450.50	0.585 times
10 Thu Oct 2024	452.70	450.90	453.75	449.85	0.477 times
09 Wed Oct 2024	448.60	450.10	456.75	446.45	0.802 times
08 Tue Oct 2024	448.50	444.00	455.00	438.05	1.623 times
07 Mon Oct 2024	444.95	457.00	459.00	442.50	1.546 times
04 Fri Oct 2024	456.80	464.00	464.00	455.25	0.812 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 446.4, but if it comes above 446.4, then a intra day buy could be more profitable.
If you take a sell trade below 446.4, then use 446.4 as stoploss and 428.3 as target. However if you take a buy trade in stock , then use 446.4 as stoploss and 461.38 as target.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	438.05
Upside Target	472.60
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	434.53
Downside Intraday Target	427.72
Upside Intraday Target	452.08
Upside Intraday Target	462.82
Upside Intraday Target	445.27

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	441.35	453.95	456.00	438.45	0.784 times
11 Fri Oct 2024	451.95	457.00	459.00	438.05	0.683 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

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
17 Thu Oct 2024	441.35	471.00	472.60	438.05	0.308 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but selling 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 447.22 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.