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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 2024-05-09 View latest technical analysis

10 day averaged volume of Tech Mahindra is 4139165

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	1269.10	1282.00	1285.90	1261.40	0.585 times
08 Wed May 2024	1287.00	1294.00	1300.00	1280.35	0.322 times
07 Tue May 2024	1292.45	1268.00	1294.80	1256.90	0.568 times
06 Mon May 2024	1262.25	1258.00	1265.70	1245.10	0.329 times
03 Fri May 2024	1250.45	1270.00	1272.00	1243.05	0.561 times
02 Thu May 2024	1266.90	1263.20	1274.35	1253.50	0.513 times
30 Tue Apr 2024	1263.50	1288.30	1291.10	1260.05	0.631 times
29 Mon Apr 2024	1288.30	1290.00	1311.00	1285.00	0.995 times
26 Fri Apr 2024	1278.75	1250.00	1347.00	1241.00	4.936 times
25 Thu Apr 2024	1190.30	1185.00	1193.55	1172.80	0.811 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1277.3 as stoploss in an intra day sell trade for a target of 1239.53. However, stock will show a bullish move above 1277.3.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1162.95
Downside Target	1221.40
Upside Target	1281.00
Upside Target	1300.00
Upside Target	1307.65
Upside Target	1311.00
Upside Target	1347.00
Upside Target	1362.40
Upside Target	1416.30

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1242.8
Downside Intraday Target	1216.5
Upside Intraday Target	1297.7
Upside Intraday Target	1326.3
Upside Intraday Target	1271.4

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	1269.10	1258.00	1300.00	1245.10	0.668 times
03 Fri May 2024	1250.45	1290.00	1311.00	1243.05	0.399 times
26 Fri Apr 2024	1278.75	1196.10	1347.00	1172.80	2.784 times
19 Fri Apr 2024	1193.65	1235.00	1240.65	1162.95	1.486 times
12 Fri Apr 2024	1242.10	1270.00	1281.00	1238.00	0.827 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
09 Thu May 2024	1269.10	1263.20	1300.00	1243.05	0.199 times
30 Tue Apr 2024	1263.50	1252.10	1347.00	1162.95	1.784 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

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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tech Mahindra in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 1269.54 and Tech Mahindra (TECHM) stock is trading below this level. This means that stock is falling with high volumes. 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.