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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 2024-11-21 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 95969

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	444.95	447.30	447.85	440.05	1.002 times
19 Tue Nov 2024	447.30	439.10	449.50	439.10	1.409 times
18 Mon Nov 2024	438.85	441.45	444.95	435.00	0.849 times
14 Thu Nov 2024	439.30	435.00	441.00	435.00	1.019 times
13 Wed Nov 2024	435.05	440.00	441.40	433.45	0.854 times
12 Tue Nov 2024	440.15	444.00	447.80	438.00	0.573 times
11 Mon Nov 2024	442.05	441.00	444.00	438.15	1.079 times
08 Fri Nov 2024	440.25	444.50	446.35	439.10	0.624 times
07 Thu Nov 2024	443.45	444.05	450.90	440.90	1.393 times
06 Wed Nov 2024	439.75	447.00	447.00	436.00	1.608 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 446.8 as stoploss in an intra day sell trade for a target of 439.94. However, stock will show a bullish move above 446.8.

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	436.8
Downside Intraday Target	428.65
Upside Intraday Target	451.3
Upside Intraday Target	457.65
Downside Intraday Target	443.15

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	444.95	441.45	449.50	435.00	0.925 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
21 Thu Nov 2024	444.95	455.00	455.00	433.45	0.52 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 SELL signal for Tamilnad Merca in short term but SELL signal is weak.

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

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 441.56 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.