Login or Join
 Learn then Earn

(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 166618

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 483.50 489.80 493.45 478.30 1.334 times
20 Thu Jun 2024 486.80 470.60 499.25 470.05 3.026 times
19 Wed Jun 2024 473.75 473.85 482.80 468.00 1.756 times
18 Tue Jun 2024 469.90 468.85 472.95 468.75 0.509 times
14 Fri Jun 2024 468.85 470.20 474.00 467.10 0.483 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 477.6, but if it comes below 477.6, then a intra day sell could be more profitable.
If you take a sell trade below 477.6, then use 477.6 as stoploss and 469.67 as target. However if you take a buy trade in stock , then use 477.6 as stoploss and 487.1 as target.

Share price targets for Tamilnad Merca (TMB)

Target Type Value
Downside Target 446.00
Downside Target 465.00
Downside Target 476.00
Downside Target 476.50
Downside Target 477.90
Upside Target 491.15
Upside Target 495.60
Upside Target 499.25
Upside Target 504.10
Upside Target 514.00

Intraday share price targets for Tamilnad Merca (TMB)

Target Type Value
Downside Intraday Target 467.92
Downside Intraday Target 452.33
Upside Intraday Target 499.17
Upside Intraday Target 514.83
Upside Intraday Target 483.58

Weekly technical analysis of Tamilnad Merca (TMB)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 483.50 468.85 499.25 468.00 2.204 times
14 Fri Jun 2024 468.85 472.90 476.00 466.60 0.807 times
07 Fri Jun 2024 472.25 464.50 474.30 446.00 1.662 times
31 Fri May 2024 455.95 477.90 477.90 453.00 1.432 times
24 Fri May 2024 474.40 470.00 476.50 465.00 0.912 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
21 Fri Jun 2024 483.50 464.50 499.25 446.00 1.721 times
31 Fri May 2024 455.95 486.00 491.15 453.00 0.771 times
30 Tue Apr 2024 486.00 490.00 504.10 475.05 0.888 times
28 Thu Mar 2024 485.60 485.30 495.60 450.95 0.766 times

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

Indicators analysis of Tamilnad Merca (TMB)

Indicator Name Indicator Value Indicator Signal
ADX 26, 9, 51 Buy
MACD 1, -2Buy
Stochastics 62None
CCI 163Sell
RSI 60Buy
OBV 830590Sell
VWAP 478Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 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 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 and the buy signal is strong.

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 tired and bears are picking up momentum.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 478.23 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.

Click here for Tamilnad Merca charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme