Stock analysis Tamilnad Merca Bank Ltd TMB
More indepth analysis on MunafaSutra.com
Recent prices of TMB Tamilnad Merca Bank Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 15 Tue Apr 2025 | 425.05 | 416.20 to 428.70 | 1.52% | 2.39 times |
| 11 Fri Apr 2025 | 418.70 | 416.35 to 422.05 | 1% | 0.63 times |
| 09 Wed Apr 2025 | 414.55 | 410.50 to 419.00 | 0.11% | 0.98 times |
| 08 Tue Apr 2025 | 414.10 | 411.90 to 419.95 | 0.4% | 0.7 times |
| 07 Mon Apr 2025 | 412.45 | 401.00 to 425.90 | -3.14% | 1.81 times |
| 04 Fri Apr 2025 | 425.80 | 424.10 to 434.30 | -1.21% | 0.57 times |
| 03 Thu Apr 2025 | 431.00 | 417.60 to 432.15 | 2.13% | 1.05 times |
| 02 Wed Apr 2025 | 422.00 | 411.15 to 423.60 | 1.14% | 0.91 times |
| 01 Tue Apr 2025 | 417.25 | 408.00 to 419.95 | 1.55% | 1.14 times |
| 28 Fri Mar 2025 | 410.90 | 410.05 to 421.10 | -0.96% | 1.43 times |
| 27 Thu Mar 2025 | 414.90 | 413.00 to 417.95 | 0.36% | 0.79 times |
| 26 Wed Mar 2025 | 413.40 | 404.00 to 425.70 | -3.15% | 1.13 times |
Technical analysis forecast of Tamilnad Merca Bank Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Tamilnad Merca Bank Ltd TMB at this time. Stock is rising and might rise more.
It appears as if Tamilnad Merca Bank Ltd TMB gave a large move recently.
Stock of Tamilnad Merca Bank Ltd (TMB) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Tamilnad Merca Bank Ltd is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 425.3 as stoploss in an intra day sell trade for a target of 418.91. However, stock will show a bullish move above 425.3.