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 |
| 30 Mon Jun 2025 | 445.80 | 443.00 to 448.20 | 0.7% | 0.93 times |
| 27 Fri Jun 2025 | 442.70 | 441.30 to 444.55 | 0.35% | 0.53 times |
| 26 Thu Jun 2025 | 441.15 | 440.60 to 446.35 | -0.21% | 1.09 times |
| 25 Wed Jun 2025 | 442.10 | 439.65 to 447.50 | 0.09% | 1.26 times |
| 24 Tue Jun 2025 | 441.70 | 439.95 to 445.70 | 1.01% | 1.39 times |
| 23 Mon Jun 2025 | 437.30 | 436.00 to 440.00 | -0.88% | 1.37 times |
| 20 Fri Jun 2025 | 441.20 | 439.75 to 447.25 | -0.63% | 1.34 times |
| 19 Thu Jun 2025 | 444.00 | 443.10 to 449.00 | -0.72% | 0.66 times |
| 18 Wed Jun 2025 | 447.20 | 444.40 to 451.10 | -0.25% | 0.52 times |
| 17 Tue Jun 2025 | 448.30 | 447.00 to 451.50 | -0.19% | 0.65 times |
| 16 Mon Jun 2025 | 449.15 | 447.00 to 452.50 | -0.76% | 1.19 times |
| 13 Fri Jun 2025 | 452.60 | 450.00 to 454.20 | -0.73% | 0.69 times |
Technical analysis forecast for Tamilnad Merca Bank Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Tamilnad Merca Bank Ltd TMB at this time. Stock is falling and might fall more.
It appears as if Tamilnad Merca Bank Ltd TMB gave a large move recently.
Stock of Tamilnad Merca Bank Ltd (TMB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Tamilnad Merca Bank Ltd is bearish for shortterm, and stock might move down till 439.8 or till 432.1. Use a stoploss of 446.25 and if the stock hits stoploss, then it can shoot up till 452.69