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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 2024-11-19 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 94022

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	447.30	439.10	449.50	439.10	1.438 times
18 Mon Nov 2024	438.85	441.45	444.95	435.00	0.866 times
14 Thu Nov 2024	439.30	435.00	441.00	435.00	1.04 times
13 Wed Nov 2024	435.05	440.00	441.40	433.45	0.871 times
12 Tue Nov 2024	440.15	444.00	447.80	438.00	0.584 times
11 Mon Nov 2024	442.05	441.00	444.00	438.15	1.101 times
08 Fri Nov 2024	440.25	444.50	446.35	439.10	0.637 times
07 Thu Nov 2024	443.45	444.05	450.90	440.90	1.422 times
06 Wed Nov 2024	439.75	447.00	447.00	436.00	1.641 times
05 Tue Nov 2024	443.20	443.00	444.80	438.95	0.606 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 446.3, but if it comes below 446.3, then a intra day sell could be more profitable.
If you take a sell trade below 446.3, then use 446.3 as stoploss and 439.28 as target. However if you take a buy trade in stock , then use 446.3 as stoploss and 454.6 as target.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	433.45
Upside Target	449.50
Upside Target	451.50
Upside Target	454.75
Upside Target	455.00
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	438.37
Downside Intraday Target	429.43
Upside Intraday Target	452.87
Upside Intraday Target	458.43
Downside Intraday Target	443.93

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	447.30	441.45	449.50	435.00	0.641 times
14 Thu Nov 2024	439.30	441.00	447.80	433.45	0.65 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

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
19 Tue Nov 2024	447.30	455.00	455.00	433.45	0.479 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 to mid 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 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 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. Bears are weakening, and bulls are picking up momentum!

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

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 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 441.31 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 positive

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