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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 2024-03-27 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 99265

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	476.25	457.00	495.60	450.95	4.57 times
26 Tue Mar 2024	456.35	462.40	467.45	455.00	1.218 times
22 Fri Mar 2024	462.40	462.60	466.00	459.55	0.614 times
21 Thu Mar 2024	462.60	465.00	470.00	460.00	0.633 times
20 Wed Mar 2024	460.80	460.00	463.90	456.10	0.891 times
19 Tue Mar 2024	464.30	469.95	470.00	461.05	0.654 times
18 Mon Mar 2024	467.05	469.80	470.00	461.40	0.851 times
15 Fri Mar 2024	462.80	455.05	466.50	455.05	0.883 times
14 Thu Mar 2024	455.55	453.40	466.00	451.00	0.947 times
13 Wed Mar 2024	453.40	472.85	472.85	451.00	2.079 times

Stock of Tamilnad Merca (TMB) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 482.5 or till 495.7. Use a stoploss of 471.5 and if this stock hits its stoploss, then it can fall down till 460.5

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	450.95
Downside Target	468.05
Upside Target	490.00
Upside Target	495.05
Upside Target	495.60
Upside Target	510.05
Upside Target	514.00
Upside Target	514.70
Upside Target	545.25
Upside Target	554.00

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	452.93
Downside Intraday Target	429.62
Upside Intraday Target	497.58
Upside Intraday Target	518.92
Downside Intraday Target	474.27

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	476.25	462.40	495.60	450.95	1.589 times
22 Fri Mar 2024	462.40	469.80	470.00	456.10	0.633 times
15 Fri Mar 2024	462.80	490.00	490.00	451.00	2.965 times
07 Thu Mar 2024	483.95	490.00	490.00	475.55	0.482 times
02 Sat Mar 2024	487.55	495.00	495.05	469.00	1.281 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tamilnad Merca (TMB)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	476.25	485.30	495.60	450.95	0.707 times
29 Thu Feb 2024	484.75	507.45	514.00	468.05	1.056 times
31 Wed Jan 2024	504.90	510.00	514.70	491.40	0.806 times
29 Fri Dec 2023	504.45	527.00	545.25	493.55	1.134 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Tamilnad Merca ( (TMB) ) based on a short 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 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 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 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. Bears are weakening, and bulls are picking up momentum!

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

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 465.02 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.