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Tamilnad Mercantile Bank Ltd
₹692.75
(1.96%)
Wed, 27 May 2026, 06:03 pm
Finance
Regional Banks
24.5KTamilnad Mercantile Bank Technical Analysis
Support and Resistance
| Type | R3 | R2 | R1 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 730.90 | 709.30 | 695.40 | 687.70 | 673.80 | 666.10 | 644.50 |
| Fibonacci | 709.30 | 701.05 | 695.95 | 687.70 | 679.45 | 674.35 | 666.10 |
| Camarilla | 687.44 | 685.46 | 683.48 | 687.70 | 679.52 | 677.54 | 675.56 |
Pivots Level: Classic
R3
+43.20
730.90
R2
+21.60
709.30
R1
+7.70
695.40
S1
-13.90
673.80
S2
-21.60
666.10
S3
-43.20
644.50
Pivots Level: camarilla
R3
+0.26
687.44
R2
+2.24
685.46
R1
+4.22
683.48
S1
-8.18
679.52
S2
-10.16
677.54
S3
-12.14
675.56
Moving Average
Period
Value
10-EMA
680.89
20-EMA
681.96
30-EMA
682.84
50-EMA
684.06
100-EMA
684.87
200-EMA
686.13
Technical Indicators
Period
Value
ADX
11.87
ADX+DI
23.58
ADX+DI[1]
21.04
ADX-DI
20.55
ADX-DI[1]
23.91
AO
-4.07
AO[1]
-4.41
AO[2]
-4.14
BBPower
-3.87
CCI20
-67.43
CCI20[1]
-128.78
HullMA9
679.20
Ichimoku.BLine
684.98
MACD.macd
-1.39
MACD.signal
-1.28
Mom
-2.80
Mom[1]
-6.30
RSI
49.78
RSI[1]
41.05
Rec.BBPower
0
Rec.HullMA9
1
Rec.Ichimoku
0
Rec.Stoch.RSI
0
Rec.UO
0
Rec.VWMA
1
Rec.WR
0
Recommend.All
0
Recommend.MA
0
Recommend.Other
0
Stoch.D
24.43
Stoch.D[1]
28.32
Stoch.K
31.07
Stoch.K[1]
26.97
Stoch.RSI.K
46.22
UO
57.03
VWMA
682.11
W.R
-48.59
close
682.50
Tamilnad Mercantile Bank Ltd Technical Analysis
Tamilnad Mercantile Bank Ltd technical analysis is gaining attention among traders and investors tracking Tamilnad Mercantile Bank Ltd Technical Analysis trends in the Indian stock market. Tamilnad Mercantile Bank Ltd (NSE: TMB, BSE: 543596) is currently trading at ₹692.75, showing a 1.96% move as of Wed, May 27, 2026.
This detailed Tamilnad Mercantile Bank Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.
Tamilnad Mercantile Bank Ltd Stock Overview
Tamilnad Mercantile Bank Ltd operates in the Finance sector under the Regional banks industry. With a market capitalization of ₹107.58B and a PE ratio of 8.20, Tamilnad Mercantile Bank Ltd remains a key stock to watch in Tamilnad Mercantile Bank Ltd Technical Analysis searches.
Key Metrics
- Market Cap: ₹107.58B
- PE Ratio: 8.20
- Dividend Yield: 1.62
- Sector: Finance
- Industry: Regional banks
These fundamentals play an important role in Tamilnad Mercantile Bank Ltd technical analysis and valuation tracking.
Tamilnad Mercantile Bank Ltd Support and Resistance Levels
Classic Pivot Levels
In Tamilnad Mercantile Bank Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.
- Resistance 3: 1043.40
- Resistance 2: 872.65
- Resistance 1: 806.15
- Pivot Point: 701.90
- Support 1: 635.40
- Support 2: 531.15
- Support 3: 360.40
Conditional Insight
Tamilnad Mercantile Bank Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 635.40 and 531.15.
Fibonacci Levels Analysis
Fibonacci levels are widely used in Tamilnad Mercantile Bank Ltd technical analysis to identify retracement zones.
- Fibonacci R3: 872.65
- Fibonacci R2: 807.42
- Fibonacci R1: 767.13
- Fibonacci Pivot: 701.90
- Fibonacci S1: 636.67
- Fibonacci S2: 596.38
- Fibonacci S3: 531.15
Tamilnad Mercantile Bank Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.
Tamilnad Mercantile Bank Ltd Moving Average Analysis
Moving averages are key indicators in Tamilnad Mercantile Bank Ltd technical analysis for identifying trend direction.
- 10 EMA: 685.24
- 20 EMA: 686.36
- 30 EMA: 682.14
- 50 EMA: 669.42
- 100 EMA: 633.74
- 200 EMA: 580.38
Trend Logic
Tamilnad Mercantile Bank Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.
Long-term trend in Tamilnad Mercantile Bank Ltd technical analysis remains positive above 200 EMA.
Tamilnad Mercantile Bank Ltd Technical Indicators Overview
Momentum Indicators
- RSI: 48.55
- MACD: 1.95
- Signal: 5.92
- ADX: 15.01
- Momentum: -2.55
RSI Logic
Tamilnad Mercantile Bank Ltd technical analysis shows RSI in neutral range, suggesting consolidation.
MACD Logic
Tamilnad Mercantile Bank Ltd technical analysis indicates bearish momentum with MACD below signal line.
Tamilnad Mercantile Bank Ltd Overall Recommendation
- Overall Recommendation Score: -0.20
- Moving Average Recommendation: -0.13
- Other Indicators Recommendation: -0.27
Overall Tamilnad Mercantile Bank Ltd technical analysis sentiment remains neutral with mixed signals.
Tamilnad Mercantile Bank Ltd Technical Analysis Conclusion
Tamilnad Mercantile Bank Ltd technical analysis suggests that traders should closely monitor price action around ₹692.75 and key pivot level 701.90. Breakouts above resistance or breakdown below support will define the next trend in Tamilnad Mercantile Bank Ltd technical analysis.
Investors searching for Tamilnad Mercantile Bank Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Tamilnad Mercantile Bank Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.