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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 2024-11-27 View latest technical analysis

10 day averaged volume of Tamilnad Merca is 98707

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	459.45	448.30	461.60	446.75	2.331 times
26 Tue Nov 2024	448.85	447.90	450.55	442.55	0.719 times
25 Mon Nov 2024	443.45	444.40	450.05	441.15	1.883 times
22 Fri Nov 2024	443.65	446.70	449.60	441.85	0.802 times
21 Thu Nov 2024	444.95	447.30	447.85	440.05	0.974 times
19 Tue Nov 2024	447.30	439.10	449.50	439.10	1.37 times
18 Mon Nov 2024	438.85	441.45	444.95	435.00	0.825 times
14 Thu Nov 2024	439.30	435.00	441.00	435.00	0.99 times
13 Wed Nov 2024	435.05	440.00	441.40	433.45	0.83 times
12 Tue Nov 2024	440.15	444.00	447.80	438.00	0.557 times

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

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 455.3, for a target of 449.2 or 444.03

Share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Target	418.10
Downside Target	433.45
Downside Target	451.50
Downside Target	454.75
Downside Target	457.95
Upside Target	461.60
Upside Target	472.60
Upside Target	485.00
Upside Target	489.00
Upside Target	499.00

Intraday share price targets for Tamilnad Merca (TMB)

Target Type	Value
Downside Intraday Target	446.53
Downside Intraday Target	433.62
Upside Intraday Target	466.98
Upside Intraday Target	474.52
Downside Intraday Target	454.07

Weekly technical analysis of Tamilnad Merca (TMB)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	459.45	444.40	461.60	441.15	1.242 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
01 Fri Nov 2024	449.80	424.70	457.95	424.00	1.264 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
27 Wed Nov 2024	459.45	455.00	461.60	433.45	0.759 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
30 Fri Aug 2024	470.80	463.00	485.00	438.05	2.727 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 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 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 gaining 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 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 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 446.23 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.