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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 2024-11-08 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 123601

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	440.25	444.50	446.35	439.10	0.484 times
07 Thu Nov 2024	443.45	444.05	450.90	440.90	1.082 times
06 Wed Nov 2024	439.75	447.00	447.00	436.00	1.248 times
05 Tue Nov 2024	443.20	443.00	444.80	438.95	0.461 times
04 Mon Nov 2024	442.80	451.00	451.50	441.15	0.937 times
01 Fri Nov 2024	449.80	455.00	455.00	447.70	0.476 times
31 Thu Oct 2024	450.20	445.00	457.95	443.80	1.481 times
30 Wed Oct 2024	443.95	444.20	447.80	443.00	0.468 times
29 Tue Oct 2024	444.20	439.50	453.00	439.50	1.534 times
28 Mon Oct 2024	431.65	424.70	443.00	424.00	0.983 times

My analysis of stock is bearish for shortterm, and stock might move down till 432.8 or till 423.7. Use a stoploss of 440.33 and if the stock hits stoploss, then it can shoot up till 447.88

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	436.00
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	433.67
Downside Intraday Target	427.08
Upside Intraday Target	449.17
Upside Intraday Target	458.08
Upside Intraday Target	442.58

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	440.25	451.00	451.50	436.00	0.852 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
08 Fri Nov 2024	440.25	455.00	455.00	436.00	0.245 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 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 neutral. A longer time frame might give a better analysis.

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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL 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 443 and Tamilnad Merca (TMB) stock is trading below this level. This means that stock is falling with high volumes. 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.