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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 2024-12-02 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 138781

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	476.90	469.90	478.50	469.05	0.849 times
29 Fri Nov 2024	473.35	479.00	479.00	464.85	0.856 times
28 Thu Nov 2024	472.30	457.60	477.05	455.35	2.107 times
27 Wed Nov 2024	459.45	448.30	461.60	446.75	1.658 times
26 Tue Nov 2024	448.85	447.90	450.55	442.55	0.512 times
25 Mon Nov 2024	443.45	444.40	450.05	441.15	1.339 times
22 Fri Nov 2024	443.65	446.70	449.60	441.85	0.571 times
21 Thu Nov 2024	444.95	447.30	447.85	440.05	0.693 times
19 Tue Nov 2024	447.30	439.10	449.50	439.10	0.974 times
18 Mon Nov 2024	438.85	441.45	444.95	435.00	0.587 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 474.6, for a target of 460.2 or 448.24

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	433.45
Downside Target	469.05
Downside Target	472.60
Upside Target	478.50
Upside Target	479.00
Upside Target	485.00
Upside Target	499.00

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	471.13
Downside Intraday Target	465.37
Upside Intraday Target	480.58
Upside Intraday Target	484.27
Downside Intraday Target	474.82

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	476.90	469.90	478.50	469.05	0.131 times
29 Fri Nov 2024	473.35	444.40	479.00	441.15	2.291 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

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
02 Mon Dec 2024	476.90	469.90	478.50	469.05	0.053 times
29 Fri Nov 2024	473.35	455.00	479.00	433.45	0.932 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

Scroll below to view daily charts

Price has moved up 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Tamilnad Merca in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tamilnad Merca Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 457.87 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.