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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 2024-06-06 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2025671

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1317.45	1285.00	1323.60	1274.20	1.582 times
05 Wed Jun 2024	1266.90	1260.00	1284.95	1236.75	1.338 times
04 Tue Jun 2024	1239.30	1245.35	1253.70	1193.65	1.22 times
03 Mon Jun 2024	1245.35	1255.00	1261.80	1236.55	0.539 times
31 Fri May 2024	1228.45	1245.95	1255.25	1224.05	2.295 times
30 Thu May 2024	1240.85	1280.05	1287.75	1235.35	1.289 times
29 Wed May 2024	1286.45	1314.00	1314.00	1284.10	0.694 times
28 Tue May 2024	1315.10	1329.00	1330.35	1311.30	0.794 times
27 Mon May 2024	1329.70	1323.00	1342.80	1318.25	0.484 times
24 Fri May 2024	1321.75	1337.50	1345.00	1318.00	0.636 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 1322.8 as stoploss in an intra day sell trade for a target of 1288.93. However, stock will show a bullish move above 1322.8.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1162.95
Downside Target	1193.65
Downside Target	1224.05
Downside Target	1300.00
Upside Target	1320.00
Upside Target	1323.60
Upside Target	1342.80
Upside Target	1345.00
Upside Target	1347.00
Upside Target	1362.40

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1232.87
Downside Intraday Target	1148.28
Upside Intraday Target	1362.82
Upside Intraday Target	1408.18
Downside Intraday Target	1278.23

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1317.45	1255.00	1323.60	1193.65	0.842 times
31 Fri May 2024	1228.45	1323.00	1342.80	1224.05	2.012 times
24 Fri May 2024	1321.75	1307.00	1345.00	1304.10	0.567 times
18 Sat May 2024	1305.65	1264.40	1320.00	1250.05	1.122 times
10 Fri May 2024	1264.40	1258.00	1300.00	1245.10	0.786 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
06 Thu Jun 2024	1317.45	1255.00	1323.60	1193.65	0.237 times
31 Fri May 2024	1228.45	1263.20	1345.00	1224.05	0.669 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

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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short to mid 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.

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 SELL signal for Tech Mahindra in short term but the sell 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 1269.66 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 has given negative 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.