Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-17 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1896765

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	1305.40	1309.10	1320.00	1297.80	1.015 times
16 Thu May 2024	1307.95	1287.00	1312.60	1281.30	2.567 times
15 Wed May 2024	1274.50	1275.00	1282.95	1265.00	0.531 times
14 Tue May 2024	1275.50	1263.95	1284.00	1254.10	0.731 times
13 Mon May 2024	1262.05	1264.40	1266.35	1250.05	0.313 times
10 Fri May 2024	1264.40	1266.00	1273.20	1248.25	0.697 times
09 Thu May 2024	1269.10	1282.00	1285.90	1261.40	1.276 times
08 Wed May 2024	1287.00	1294.00	1300.00	1280.35	0.702 times
07 Tue May 2024	1292.45	1268.00	1294.80	1256.90	1.239 times
06 Mon May 2024	1262.25	1258.00	1265.70	1245.10	0.719 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1294.3, but if it comes below 1294.3, then a intra day sell could be more profitable.
If you take a sell trade below 1294.3, then use 1294.3 as stoploss and 1256.32 as target. However if you take a buy trade in stock , then use 1294.3 as stoploss and 1339.8 as target.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1162.95
Downside Target	1221.40
Downside Target	1300.00
Upside Target	1307.65
Upside Target	1311.00
Upside Target	1320.00
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	1263.63
Downside Intraday Target	1221.87
Upside Intraday Target	1333.58
Upside Intraday Target	1361.77
Downside Intraday Target	1291.82

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	1305.40	1264.40	1320.00	1250.05	1.113 times
10 Fri May 2024	1264.40	1258.00	1300.00	1245.10	0.786 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

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
17 Fri May 2024	1305.40	1263.20	1320.00	1243.05	0.385 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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1287 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 positive

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