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TMB

Tamilnad Mercantile Bank Ltd.

Strong momentum structure

Early Trend
Stage 2 RS leader VCP active Vol compression

Setup readiness

Early Trend

Pivot Levels
₹756.1-802.2
Support Level
₹746.1
Resistance
₹957.9
Risk Distance
7.0% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
92.0
ADX
29.0
Vol
53.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Strong leadership structure

Trend, relative strength and setup quality align with leading momentum names.

Relative strength Strong
Breakout readiness Low
Accumulation Constructive

Bullish factors

  • MACD below zero — weak trend (−2).
  • OBV leadership while price lags — accumulation divergence.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • ATR 3.8%/day — healthy volatility (+4).
  • Pivot type: flat-top — premium structure.
  • RS rank 92 — overowned (NSE: 21-25% win rate, operators distribute here).
  • RSI 47 — ideal setup zone.
  • OBV divergence — price flat, volume rising: hidden strength.
  • Volume flow suggests quiet institutional accumulation.

Risk factors

  • Price up but OBV diverging — demand weakening

Overall view

Leadership metrics are generally constructive, but select risk factors below deserve attention.

Size this trade

Setup research

TMB — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Building toward the pivot (8% below)

  • Volume drying up into the base — supply fading
  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Mid-pack (#16/40)
  • Relative strength Leader (RS 92)
  • Trend strength Strong (ADX 29)

Negatives

This idea is wrong below ₹746.1 (-1.8% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹746.1
  • Pivot — failure re-entry below₹798.2

Risk distance

7.0% to stop
1.8× ATR
2.8× R:R
19.4% reward

Risk ≈ ₹56.09/share from entry ₹802.2.

Reasons to skip 1

Disqualifiers that apply even if the score looks good.

  • Price up but OBV diverging — demand weakening
Setup metrics Latest scan

TMB Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish
POC₹685.5
VAH₹759.91
VAL₹665.2
Vol above POC67.7%
Institutional Activity — Moderate Accumulation
Avg cost basis₹715.54
Acc zone₹621.4–784.8
Accumulation Sessions2
CMF0.05

Structure

Trend / stage
Stage 2
Stage 2
Weekly trend
Above rising 30-wk MA
Uptrend
RS rank
92.0
Strong
ADX
29.0
Strong

Momentum

RSI
47.0
Neutral
Recent move (10d / 20d)
-4.5% / +7.9%
Neutral
Volume quality
53.0
Building
Relative strength
Leading
Leader

Risk

Failure risk
0.0
Low risk
ATR % / day
3.8%
Healthy
Distribution
1 day(s)
Accumulation
Volatility
5 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 28.6%
VCP waves 5x
Vol dry-up Yes
Avg value ₹39.1 Cr
Failure flags None

TMB Support & Resistance Levels

Research chart

Daily price action with pivot, support, and resistance levels from our latest scan, plus relative strength vs Nifty.

Size this trade

Pivot levels, support and resistance are drawn on the price chart. · Research only.

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Personalised swing trade analysis powered by Gemini AI

Pattern context 52w · setup · flow

52-week range

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— —

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
— → — ·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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TMB FAQ Common swing-trading questions

Frequently asked questions about TMB

What are the screener observations for TMB?

On Swing Edge's swing-setup framework, Tamilnad Mercantile Bank Ltd. (TMB) currently grades A — high-quality setup. Building toward the pivot (8% below). Flagged today. This is educational research, not investment advice.

What are TMB's support and resistance levels?

For TMB, near-term support sits around ₹746.1 (the base/stop zone); overhead resistance is around ₹798.2 (the breakout pivot); the next resistance above is ₹957.9. This is educational research, not investment advice.

What is the breakout / pivot level for TMB?

The breakout pivot for TMB is around ₹798.2. Price is about 8.2% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is TMB above its 50-day and 200-day moving averages?

Yes — TMB is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is TMB versus the market (RS rank)?

TMB has a relative strength (RS) rank of 92 out of 100 versus the NSE universe, making it a market leader — stronger than most NSE stocks. Trend strength (ADX) reads 29, indicating a strong trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-25 — not live intraday NSE quotes.