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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)

10 day averaged volume of Tamilnad Merca is 99888

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 444.95 447.30 447.85 440.05 0.963 times
19 Tue Nov 2024 447.30 439.10 449.50 439.10 1.354 times
18 Mon Nov 2024 438.85 441.45 444.95 435.00 0.815 times
14 Thu Nov 2024 439.30 435.00 441.00 435.00 0.979 times
13 Wed Nov 2024 435.05 440.00 441.40 433.45 0.82 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 447.1 as stoploss in an intra day sell trade for a target of 440.66. However, stock will show a bullish move above 447.1.

Share price targets for Tamilnad Merca (TMB)

Target Type Value
Downside Target 418.10
Downside Target 433.45
Upside Target 451.50
Upside Target 453.00
Upside Target 454.75
Upside Target 455.00
Upside Target 457.95
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 436.8
Downside Intraday Target 428.65
Upside Intraday Target 451.3
Upside Intraday Target 457.65
Downside Intraday Target 443.15

Weekly technical analysis of Tamilnad Merca (TMB)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 444.95 441.45 449.50 435.00 0.925 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 1.737 times
01 Fri Nov 2024 449.80 444.20 457.95 443.00 0.812 times
30 Wed Oct 2024 443.95 424.70 453.00 424.00 0.763 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
21 Thu Nov 2024 444.95 455.00 455.00 433.45 0.507 times
31 Thu Oct 2024 450.20 471.00 472.60 418.10 0.587 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 15, 13 Buy
MACD -5, -7Buy
Stochastics 58None
CCI 84Sell
RSI 59Buy
OBV -36755Sell
VWAP 442Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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 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 Weak 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. 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 coming down

CCI has generated a SELL signal for Tamilnad Merca in short term but SELL signal is weak.

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 441.56 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.

Click here for Tamilnad Merca charts

Click here for further forecast and predictions for tomorrow

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