Stock analysis Tamilnad Merca Bank Ltd TMB
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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 |
| 26 Fri Apr 2024 | 487.95 | 486.00 to 496.50 | -0.68% | 0.55 times |
| 25 Thu Apr 2024 | 491.30 | 486.00 to 499.90 | -0.5% | 1.11 times |
| 24 Wed Apr 2024 | 493.75 | 492.30 to 499.70 | -0.09% | 1.17 times |
| 23 Tue Apr 2024 | 494.20 | 492.05 to 503.00 | -0.54% | 1.87 times |
| 22 Mon Apr 2024 | 496.90 | 487.00 to 502.00 | 3.05% | 1.73 times |
| 19 Fri Apr 2024 | 482.20 | 477.00 to 485.55 | 0.01% | 0.83 times |
| 18 Thu Apr 2024 | 482.15 | 480.05 to 490.00 | -0.74% | 1 times |
| 16 Tue Apr 2024 | 485.75 | 480.00 to 494.95 | 0.58% | 0.46 times |
| 15 Mon Apr 2024 | 482.95 | 475.05 to 488.95 | -1.5% | 0.8 times |
| 12 Fri Apr 2024 | 490.30 | 488.00 to 495.90 | -1.14% | 0.45 times |
| 10 Wed Apr 2024 | 495.95 | 491.00 to 499.90 | -0.4% | 0.58 times |
| 09 Tue Apr 2024 | 497.95 | 492.00 to 501.00 | -0.19% | 0.67 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, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Tamilnad Merca Bank Ltd is bullish for shortterm, and stock might move up till 493.8 or till 501. Use a stoploss of 487.76 and if this stock hits its stoploss, then it can fall down till 481.73