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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 2024-11-04 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 109427

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	442.80	451.00	451.50	441.15	1.058 times
01 Fri Nov 2024	449.80	455.00	455.00	447.70	0.538 times
31 Thu Oct 2024	450.20	445.00	457.95	443.80	1.673 times
30 Wed Oct 2024	443.95	444.20	447.80	443.00	0.528 times
29 Tue Oct 2024	444.20	439.50	453.00	439.50	1.733 times
28 Mon Oct 2024	431.65	424.70	443.00	424.00	1.111 times
25 Fri Oct 2024	424.55	428.50	433.95	418.10	1.502 times
24 Thu Oct 2024	427.85	430.10	433.65	427.00	0.524 times
23 Wed Oct 2024	429.40	433.90	434.70	427.20	0.689 times
22 Tue Oct 2024	431.80	438.90	439.85	431.40	0.899 times

My analysis of stock is bullish for shortterm, and stock might move up till 450.7 or till 461. Use a stoploss of 442.08 and if this stock hits its stoploss, then it can fall down till 433.47

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	438.05
Upside Target	454.75
Upside Target	455.00
Upside Target	456.00
Upside Target	457.95
Upside Target	459.00
Upside Target	472.60
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	438.8
Downside Intraday Target	434.8
Upside Intraday Target	449.15
Upside Intraday Target	455.5
Upside Intraday Target	445.15

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	442.80	451.00	451.50	441.15	0.19 times
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

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
04 Mon Nov 2024	442.80	455.00	455.00	441.15	0.074 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 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 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 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 tired and bears are picking up momentum.

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 but SELL 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 438.16 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.