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Tamilnad Mercantile Bank technical analysis

NSE: TMBBSE: 543596BanksSmall Cap

Last close ₹800.65down ₹40.60 (4.83%)BSE ₹800.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹841.25.

52-week range of traded prices to 23 Oct 2026
₹444.05Low, 24 Oct 2025₹954.20High, 7 Sep 2026
Market cap
₹12,678 Cr543rd largest listed
P/E
8.8
P/B
1.3
Dividend yield
1.56%
ROE
15.1%
NIM
3.85%
Gross NPA
0.69%
Net NPA
0.17%
CET1
31.30%
ROA
1.89%
Volume, NSE
1,98,51549.5% delivered

Price, RSI, MACD and Bollinger bands

A year of sessions on adjusted prices, to 23 Oct 2026.Tamilnad Mercantile Bank share price history

Close with its 50 and 200-day averages

  • Close
  • 50-day average
  • 200-day average
The close is above 2 of its 8 simple moving averages (5 to 200 days) in the table below.

Moving averages, including the 50, 100 and 200 day averages

Adjusted prices, to 23 Oct 2026.

WindowSimple (SMA, DMA)Exponential (EMA)
5 days₹843.47−5.1%
10 days₹856.34−6.5%₹849.56−5.8%
20 days₹865.27−7.5%₹862.51−7.2%
30 days₹877.12−8.7%
50 days₹881.09−9.1%₹864.48−7.4%
100 days₹837.88−4.4%₹828.66−3.4%
150 days₹780.38+2.6%
200 days₹739.04+8.3%₹738.74+8.4%

Beside each average, the close against it: the close divided by the average, less one, in per cent. An exponential average weights recent closes more heavily than older ones.

Since the 50-day crossed the 200-day
239Above, 4 Nov 2025 at ₹495.30
200-day average, 20-session change
+5.0%
Sessions above the 200-day average
250of the last 250
Closes above the 20-day average
50%of the last 60 sessions
Volume-weighted average, 20 days
₹866.76
Hull moving average, 9 days
₹830.64
Ichimoku base line, 26 sessions
₹862.50

RSI, MACD and other oscillators

Adjusted prices, to 23 Oct 2026.

  • RSI, 14 days31.3
  • Money flow index, 14 days45.1
  • Stochastic %K5.5
  • Stochastic %D7.6
  • Stochastic RSI0.0
  • Williams %R, 14 days−94.5
  • Ultimate oscillator33.9
  • ADX, 14 days16.3
  • Positive directional indicator12.9
  • Negative directional indicator29.3
MACD line
−13.30In rupees
MACD signal line
−7.49In rupees
MACD histogram
−5.81In rupees
Awesome oscillator
−37.44In rupees
Momentum, 10 sessions
−54.80In rupees
Bull bear power, 13 days
−72.24In rupees
Commodity channel index, 20 days
−295.7No fixed range
Rate of change, 21 sessions
−9.4%Change in the close
Rate of change, 125 sessions
+23.2%Change in the close

Volatility and Bollinger bands

Adjusted prices, to 23 Oct 2026.

Bollinger bands today

Close ₹800.65
Lower band₹826.3920-day average₹865.27Upper band₹904.15
Twice the spread of the last 20 closes either side of their average.
Average true range
₹26.89In rupees, 14 days
Average true range, % of price
3.36%Of the close
Volatility, 20 days
27.5%A year
Volatility, 30 days
32.6%A year
Volatility, 60 days
31.3%A year
Bollinger band width
9.0%Of the 20-day average
  • 30-day volatility, place in its year38%
  • Band width, place in its year14%
  • 21-session change, place in its year4%

Beta, highs and deepest falls

Against the Nifty 500, to 23 Oct 2026.Tamilnad Mercantile Bank PE ratio and valuation

Beta against the Nifty 500

  • 1 month1.19
  • 3 months1.57
  • 1 year1.42
  • 3 years0.77
1: moves as the Nifty 500 does

Deepest fall from a high

  • 1 year−19.0%
  • 3 years23 Oct 2023 to 17 Mar 2025; Nifty 500 +20.1% over the same days−28.8%
Highest close since Sep 2022
₹942.453 Sep 2026, 50 days before 23 Oct 2026
Correlation, 1 year
0.52
Correlation, 3 years
0.40

Volume, delivery and notable sessions

Volume restated for splits and bonuses, to 23 Oct 2026.

Volume against the 50-session average

  • Latest day1.26×
  • Latest week0.74×
  • Latest month0.41×
1×: a usual session
Volume on rising days
46%of the last 20 sessions' volume
Volume trend, 20 sessions
−16.2%
Delivery against usual
+0.2
Delivery, last 5 sessions
50.2%
Delivery, last 21 sessions
45.9%
Price band
20%₹679.85 to ₹1,019.75 on 22 Oct 2026
Impact cost
0.06%

Delivery, last 10 sessions

  • 23 Oct49.5%
  • 22 Oct48.6%
  • 21 Oct55.5%
  • 19 Oct44.0%
  • 16 Oct54.4%
  • 15 Oct53.1%
  • 14 Oct47.6%
  • 13 Oct58.2%
  • 12 Oct42.2%
  • 9 Oct46.1%
+45.9%: the last 21 sessions together
  • Jul27MonBusiest and largest move27.3× usual volumeup 11.08%
  • Apr27MonBusiest and largest move23.7× usual volumeup 8.97%
  • Apr8WedLargest moveup 6.87%
  • Mar10TueLargest moveup 7.22%
  • Dec1MonBusiest20.8× usual volumeup 5.49%

Of the last 250 sessions: the three with the most shares traded against the 50 sessions before each and the four largest moves of the close, up or down.

Pivot points: support and resistance

On adjusted prices.

For the session after 23 Oct 2026, from that day's open, high, low and close.

Classic levels and the latest close

R3₹880.23
R2₹861.62
R1₹831.13
Pivot₹812.52
S1₹782.03
S2₹763.42
S3₹732.93
Close ₹800.65
LevelClassicWoodieCamarillaFibonacciDeMark
Resistance 3 (R3)₹880.23₹874.30₹814.15₹861.62–
Resistance 2 (R2)₹861.62₹858.65₹809.65₹842.86–
Resistance 1 (R1)₹831.13₹825.20₹805.15₹831.27₹821.83
Pivot point₹812.52₹809.55₹812.52₹812.52₹807.86
Support 1 (S1)₹782.03₹776.10₹796.15₹793.76₹772.73
Support 2 (S2)₹763.42₹760.45₹791.65₹782.17–
Support 3 (S3)₹732.93₹727.00₹787.15₹763.42–

Classic pivot levelsWoodie pivot levelsCamarilla pivot levelsFibonacci pivot levelsDeMark pivot levels

Returns and price ranges

Close to close on adjusted prices. The latest month and year run to 23 Oct 2026.

Last 12 months, per cent

  • Return
  • Loss
Best month Apr 2026, +27.7%; worst Mar 2026, −13.4%.

Last 10 years, per cent

  • Return
  • Loss
Best year to Dec 2025, +13.7%; worst to Dec 2024, −10.4%.
Low to highLatest close ₹800.65
WindowChange
1 week−6.6%₹793.90₹876.75
1 month−13.1%₹793.90₹920.00
3 months+0.2%₹788.00₹954.20
6 months+23.2%₹637.50₹954.20
2 years+86.5%₹401.00₹954.20
3 years+40.0%₹401.00₹954.20
Lowest low and highest high over each window, on adjusted prices; change is close to close. The last year's range of traded prices is at the top of the page.