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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 2024-11-01 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 109612

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	449.80	455.00	455.00	447.70	0.537 times
31 Thu Oct 2024	450.20	445.00	457.95	443.80	1.67 times
30 Wed Oct 2024	443.95	444.20	447.80	443.00	0.527 times
29 Tue Oct 2024	444.20	439.50	453.00	439.50	1.73 times
28 Mon Oct 2024	431.65	424.70	443.00	424.00	1.109 times
25 Fri Oct 2024	424.55	428.50	433.95	418.10	1.5 times
24 Thu Oct 2024	427.85	430.10	433.65	427.00	0.523 times
23 Wed Oct 2024	429.40	433.90	434.70	427.20	0.688 times
22 Tue Oct 2024	431.80	438.90	439.85	431.40	0.897 times
21 Mon Oct 2024	437.50	443.00	445.85	436.00	0.802 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 450.8 as stoploss in an intra day sell trade for a target of 442.19. However, stock will show a bullish move above 450.8.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	438.05
Upside Target	455.00
Upside Target	456.00
Upside Target	457.95
Upside Target	459.00
Upside Target	472.60
Upside Target	474.10
Upside Target	485.00
Upside Target	489.00
Upside Target	499.00

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	429.88
Downside Intraday Target	409.97
Upside Intraday Target	463.83
Upside Intraday Target	477.87
Downside Intraday Target	443.92

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	449.80	424.70	457.95	424.00	1.264 times
25 Fri Oct 2024	424.55	443.00	445.85	418.10	1.025 times
18 Fri Oct 2024	442.10	453.95	456.00	438.45	0.9 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

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 Fri Nov 2024	449.80	455.00	455.00	447.70	0.025 times
31 Thu Oct 2024	450.20	471.00	472.60	418.10	0.573 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tamilnad Merca Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Tamilnad Merca in short term and BUY 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

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 437.62 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 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 negative.

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