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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 2024-12-19 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 137934

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	470.65	477.00	477.00	469.55	0.629 times
18 Wed Dec 2024	479.90	481.15	489.00	477.30	0.633 times
17 Tue Dec 2024	480.95	482.45	483.85	471.45	1.289 times
16 Mon Dec 2024	481.50	486.50	492.20	480.00	0.512 times
13 Fri Dec 2024	483.85	490.00	490.00	478.45	0.488 times
12 Thu Dec 2024	490.25	501.00	501.00	486.95	0.427 times
11 Wed Dec 2024	498.80	499.00	502.40	495.00	0.854 times
10 Tue Dec 2024	501.35	497.90	503.00	486.50	1.645 times
09 Mon Dec 2024	497.00	510.00	513.55	491.00	0.957 times
06 Fri Dec 2024	488.60	505.00	505.00	487.50	1.266 times

My analysis of stock is bearish for shortterm, and stock might move down till 461 or till 439.7. Use a stoploss of 478.8 and if the stock hits stoploss, then it can shoot up till 496.56

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	433.45
Downside Target	469.05
Upside Target	479.00
Upside Target	485.00
Upside Target	492.20
Upside Target	499.00
Upside Target	505.00
Upside Target	513.55

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	462.73
Downside Intraday Target	454.82
Upside Intraday Target	485.38
Upside Intraday Target	500.12
Upside Intraday Target	477.47

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	470.65	486.50	492.20	469.55	0.701 times
13 Fri Dec 2024	483.85	510.00	513.55	478.45	0.567 times
06 Fri Dec 2024	488.60	469.90	505.00	469.05	1.183 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

Price has moved down 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 Thu Dec 2024	470.65	469.90	513.55	469.05	0.946 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Tamilnad Merca ( (TMB) ) based on a mid to longer 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.

ADX buy sell signal for Tamilnad Merca stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Tamilnad Merca in short term but the sell signal is initial and weak.

Tamilnad Merca Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tamilnad Merca in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 489.27 and Tamilnad Merca (TMB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.