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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 2024-11-26 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 97591

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	448.85	447.90	450.55	442.55	0.728 times
25 Mon Nov 2024	443.45	444.40	450.05	441.15	1.904 times
22 Fri Nov 2024	443.65	446.70	449.60	441.85	0.812 times
21 Thu Nov 2024	444.95	447.30	447.85	440.05	0.985 times
19 Tue Nov 2024	447.30	439.10	449.50	439.10	1.386 times
18 Mon Nov 2024	438.85	441.45	444.95	435.00	0.834 times
14 Thu Nov 2024	439.30	435.00	441.00	435.00	1.002 times
13 Wed Nov 2024	435.05	440.00	441.40	433.45	0.839 times
12 Tue Nov 2024	440.15	444.00	447.80	438.00	0.563 times
11 Mon Nov 2024	442.05	441.00	444.00	438.15	1.061 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 447.1, but if it comes below 447.1, then a intra day sell could be more profitable.
If you take a sell trade below 447.1, then use 447.1 as stoploss and 442.64 as target. However if you take a buy trade in stock , then use 447.1 as stoploss and 452.5 as target.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	433.45
Upside Target	450.55
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	443.15
Downside Intraday Target	437.45
Upside Intraday Target	452.55
Upside Intraday Target	456.25
Downside Intraday Target	446.85

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	448.85	444.40	450.55	441.15	0.655 times
22 Fri Nov 2024	443.65	441.45	449.60	435.00	1.159 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

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
26 Tue Nov 2024	448.85	455.00	455.00	433.45	0.661 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 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 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 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 442.71 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.