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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 2024-11-12 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 111350

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	440.15	444.00	447.80	438.00	0.493 times
11 Mon Nov 2024	442.05	441.00	444.00	438.15	0.93 times
08 Fri Nov 2024	440.25	444.50	446.35	439.10	0.538 times
07 Thu Nov 2024	443.45	444.05	450.90	440.90	1.201 times
06 Wed Nov 2024	439.75	447.00	447.00	436.00	1.386 times
05 Tue Nov 2024	443.20	443.00	444.80	438.95	0.511 times
04 Mon Nov 2024	442.80	451.00	451.50	441.15	1.04 times
01 Fri Nov 2024	449.80	455.00	455.00	447.70	0.528 times
31 Thu Oct 2024	450.20	445.00	457.95	443.80	1.644 times
30 Wed Oct 2024	443.95	444.20	447.80	443.00	0.519 times

My analysis of stock is bullish for shortterm, and stock might move up till 446.1 or till 454.2. Use a stoploss of 439.39 and if this stock hits its stoploss, then it can fall down till 432.64

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	436.00
Upside Target	451.50
Upside Target	454.75
Upside Target	455.00
Upside Target	456.00
Upside Target	457.95
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	436.17
Downside Intraday Target	432.18
Upside Intraday Target	445.97
Upside Intraday Target	451.78
Upside Intraday Target	441.98

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	440.15	441.00	447.80	438.00	0.304 times
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

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
12 Tue Nov 2024	440.15	455.00	455.00	436.00	0.312 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 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 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 to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Tamilnad Merca in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 443.92 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.