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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 2024-12-31 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 85898

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	451.90	452.10	455.85	449.65	0.736 times
30 Mon Dec 2024	456.20	458.75	465.00	450.00	0.957 times
27 Fri Dec 2024	458.90	461.00	462.00	455.15	0.46 times
26 Thu Dec 2024	458.85	460.65	463.95	457.35	0.725 times
24 Tue Dec 2024	459.90	463.95	466.20	458.05	0.751 times
23 Mon Dec 2024	461.20	469.95	471.75	460.10	0.801 times
20 Fri Dec 2024	468.20	471.45	474.45	465.15	1.39 times
19 Thu Dec 2024	470.65	477.00	477.00	469.55	1.01 times
18 Wed Dec 2024	479.90	481.15	489.00	477.30	1.016 times
17 Tue Dec 2024	480.95	482.45	483.85	471.45	2.069 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 462.4, but if it comes above 462.4, then a intra day buy could be more profitable.
If you take a sell trade below 462.4, then use 462.4 as stoploss and 442.9 as target. However if you take a buy trade in stock , then use 462.4 as stoploss and 478.66 as target.

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	433.45
Upside Target	465.00
Upside Target	478.45
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	446.03
Downside Intraday Target	440.17
Upside Intraday Target	461.38
Upside Intraday Target	470.87
Upside Intraday Target	455.52

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	451.90	458.75	465.00	449.65	0.619 times
27 Fri Dec 2024	458.90	469.95	471.75	455.15	0.434 times
20 Fri Dec 2024	468.20	486.50	492.20	465.15	0.899 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

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
31 Tue Dec 2024	451.90	469.90	513.55	449.65	1.172 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 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 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 Strong and stock is gaining momentum.

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

Tamilnad Merca Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 467.63 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.