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 2024-06-19 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2559872

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	1381.15	1377.00	1386.95	1361.00	0.513 times
18 Tue Jun 2024	1371.35	1380.45	1391.45	1370.15	0.371 times
14 Fri Jun 2024	1371.45	1395.00	1395.75	1364.10	0.677 times
13 Thu Jun 2024	1388.95	1380.00	1396.85	1375.35	0.763 times
12 Wed Jun 2024	1370.60	1364.80	1381.00	1357.15	1.088 times
11 Tue Jun 2024	1349.45	1348.90	1359.85	1341.15	0.573 times
10 Mon Jun 2024	1340.35	1377.60	1378.00	1335.15	0.989 times
07 Fri Jun 2024	1377.60	1330.00	1381.00	1327.00	2.262 times
06 Thu Jun 2024	1317.45	1285.00	1323.60	1274.20	1.252 times
05 Wed Jun 2024	1266.90	1260.00	1284.95	1236.75	1.058 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1371.6, but if it comes below 1371.6, then a intra day sell could be more profitable.
If you take a sell trade below 1371.6, then use 1371.6 as stoploss and 1320.51 as target. However if you take a buy trade in stock , then use 1371.6 as stoploss and 1432.9 as target.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1162.95
Downside Target	1193.65
Downside Target	1224.05
Downside Target	1264.25
Downside Target	1304.10
Downside Target	1335.15
Downside Target	1347.00
Downside Target	1361.00
Downside Target	1362.40
Downside Target	1381.00
Upside Target	1391.45
Upside Target	1396.85

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1364.28
Downside Intraday Target	1347.42
Upside Intraday Target	1394.73
Upside Intraday Target	1408.32
Downside Intraday Target	1377.87

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	1381.15	1380.45	1391.45	1361.00	0.216 times
14 Fri Jun 2024	1371.45	1377.60	1396.85	1335.15	0.686 times
07 Fri Jun 2024	1377.60	1255.00	1381.00	1193.65	1.357 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

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
19 Wed Jun 2024	1381.15	1255.00	1396.85	1193.65	0.701 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tech Mahindra stock for short term is BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

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 1351.51 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.