Overall Technical outlook

Price Summary

In today's trading session, TMB's shares sank by -2.55%, marking a mediocre day.
Tamilnad Mercantile Bank Limited's stock started trading at 509.35 on 2025-12-10, climbed to 511.8, fell to 495.05, and closed -2.55% lower at 496.35, with 161456 shares traded.
Throughout the 52-week period, the stock hit a high of 536.15 and a low of 406.9.

Technicals

Support and Resistance: The current price sits at 496.35, supported at 460.35 and capped by resistance at 497.75. These levels define a range for TMB where the price might stabilize, with 460.35 as a floor and 497.75 as a ceiling.
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Support/Resistance for TMB


Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for TMB, with no strong trend emerging.
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Aroon chart for Tamilnad Mercantile Bank Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Bolinger Bands chart for Tamilnad Mercantile Bank Limited


Parabolic SAR: The PSAR has just reversed from bullish to bearish, signaling a potential trend change. If this move is confirmed by other indicators, it could indicate a strong bearish trend. Investors should be cautious and watch for further signs of a market downturn before acting.
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Parabolic Stop and Reverse chart for Tamilnad Mercantile Bank Limited


Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Stochastic chart for Tamilnad Mercantile Bank Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Tripple SMA chart for Tamilnad Mercantile Bank Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.