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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 2024-07-05 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2637371

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1461.35	1467.00	1470.00	1449.95	0.506 times
04 Thu Jul 2024	1459.15	1482.00	1492.00	1453.30	0.502 times
03 Wed Jul 2024	1479.80	1479.95	1485.00	1461.00	0.34 times
02 Tue Jul 2024	1472.15	1480.00	1498.00	1470.00	0.793 times
01 Mon Jul 2024	1472.10	1430.35	1478.50	1424.15	1.455 times
28 Fri Jun 2024	1430.35	1441.00	1453.00	1426.65	0.843 times
27 Thu Jun 2024	1432.25	1404.35	1443.80	1392.00	1.625 times
26 Wed Jun 2024	1413.05	1432.80	1434.80	1410.00	0.594 times
25 Tue Jun 2024	1427.75	1398.80	1432.00	1394.75	0.835 times
24 Mon Jun 2024	1401.70	1390.00	1409.00	1381.00	0.421 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1451.3, but if it comes below 1451.3, then a intra day sell could be more profitable.
If you take a sell trade below 1451.3, then use 1451.3 as stoploss and 1409.67 as target. However if you take a buy trade in stock , then use 1451.3 as stoploss and 1501.3 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	1307.65
Downside Target	1335.15
Downside Target	1424.15
Downside Target	1440.30
Downside Target	1453.00
Upside Target	1498.00

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1424.33
Downside Intraday Target	1387.32
Upside Intraday Target	1498.18
Upside Intraday Target	1535.02
Downside Intraday Target	1461.17

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1461.35	1430.35	1498.00	1424.15	0.833 times
28 Fri Jun 2024	1430.35	1390.00	1453.00	1381.00	1.027 times
21 Fri Jun 2024	1399.80	1380.45	1440.30	1361.00	1.059 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

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
05 Fri Jul 2024	1461.35	1430.35	1498.00	1424.15	0.197 times
28 Fri Jun 2024	1430.35	1255.00	1453.00	1193.65	1.207 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

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.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1445.44 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.