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(TECHM) Tech Mahindra complete technical analysis [charts+indicators] | Buy/Sell Tech Mahindra | (TECHM) share price targets

Complete technical analysis of Tech Mahindra (TECHM) by charts plus indicators, forecast predictions and share price targets for Tech Mahindra (TECHM)

Tech Mahindra trades in NSE in IT Consulting & Software sector.

Showing technical analysis as on 2024-04-10 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1677625

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	1266.30	1260.45	1273.45	1252.00	1.189 times
09 Tue Apr 2024	1251.40	1265.10	1281.00	1242.75	0.714 times
08 Mon Apr 2024	1265.15	1270.00	1270.00	1256.10	0.409 times
05 Fri Apr 2024	1263.40	1275.00	1275.95	1260.20	0.706 times
04 Thu Apr 2024	1279.25	1260.00	1289.00	1246.90	1.467 times
03 Wed Apr 2024	1255.15	1240.00	1263.00	1240.00	1.084 times
02 Tue Apr 2024	1236.80	1244.00	1251.95	1235.10	0.787 times
01 Mon Apr 2024	1244.55	1252.10	1261.15	1242.00	0.833 times
28 Thu Mar 2024	1248.10	1260.00	1264.95	1242.00	1.452 times
27 Wed Mar 2024	1253.80	1258.00	1263.15	1246.55	1.269 times

My analysis of stock is bullish for shortterm, and stock might move up till 1280.3 or till 1298.9. Use a stoploss of 1264.9 and if this stock hits its stoploss, then it can fall down till 1249.47

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1197.05
Downside Target	1221.40
Upside Target	1281.00
Upside Target	1287.45
Upside Target	1289.00
Upside Target	1307.65
Upside Target	1333.05
Upside Target	1362.40
Upside Target	1416.30

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1245.7
Downside Intraday Target	1225.1
Upside Intraday Target	1283.95
Upside Intraday Target	1301.6
Downside Intraday Target	1263.35

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	1266.30	1270.00	1281.00	1242.75	0.474 times
05 Fri Apr 2024	1263.40	1252.10	1289.00	1235.10	1.219 times
28 Thu Mar 2024	1248.10	1262.25	1271.60	1242.00	0.904 times
22 Fri Mar 2024	1262.65	1282.00	1287.45	1236.10	0.73 times
15 Fri Mar 2024	1282.20	1288.15	1307.65	1258.05	1.374 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tech Mahindra (TECHM)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	1266.30	1252.10	1289.00	1235.10	0.36 times
28 Thu Mar 2024	1248.10	1287.00	1307.65	1236.10	0.88 times
29 Thu Feb 2024	1273.85	1330.00	1362.40	1264.25	0.637 times
31 Wed Jan 2024	1333.65	1273.00	1416.30	1221.40	1.271 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tech Mahindra (TECHM)

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Tech Mahindra ( (TECHM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Tech Mahindra stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Tech Mahindra in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tech Mahindra Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Tech Mahindra in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Tech Mahindra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1257.23 and Tech Mahindra (TECHM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Tech Mahindra (TECHM) stock. Volume based technical analysis of Tech Mahindra (TECHM) stock is negative.

Tech Mahindra Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.