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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 2024-12-05 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 169476

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	502.80	494.20	505.00	491.40	1.572 times
04 Wed Dec 2024	494.20	489.00	496.60	481.25	1.436 times
03 Tue Dec 2024	488.25	477.00	489.00	474.95	1.535 times
02 Mon Dec 2024	476.90	469.90	478.50	469.05	0.695 times
29 Fri Nov 2024	473.35	479.00	479.00	464.85	0.701 times
28 Thu Nov 2024	472.30	457.60	477.05	455.35	1.725 times
27 Wed Nov 2024	459.45	448.30	461.60	446.75	1.358 times
26 Tue Nov 2024	448.85	447.90	450.55	442.55	0.419 times
25 Mon Nov 2024	443.45	444.40	450.05	441.15	1.096 times
22 Fri Nov 2024	443.65	446.70	449.60	441.85	0.467 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 500.8, for a target of 476.2 or 455.72

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
Downside Target	479.00
Downside Target	485.00
Downside Target	499.00
Upside Target	505.00

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	479.57
Downside Intraday Target	456.33
Upside Intraday Target	515.52
Upside Intraday Target	528.23
Downside Intraday Target	492.28

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	502.80	469.90	505.00	469.05	0.989 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
05 Thu Dec 2024	502.80	469.90	505.00	469.05	0.402 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Tamilnad Merca stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 475.53 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.