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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 2024-07-16 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1646241

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	1516.20	1503.35	1519.00	1489.10	1.09 times
15 Mon Jul 2024	1499.05	1520.10	1527.50	1492.00	1.442 times
12 Fri Jul 2024	1505.05	1475.00	1511.80	1461.05	2.656 times
11 Thu Jul 2024	1460.60	1476.00	1476.00	1441.25	0.856 times
10 Wed Jul 2024	1463.35	1472.10	1472.80	1441.50	0.488 times
09 Tue Jul 2024	1465.75	1466.00	1469.40	1455.00	0.638 times
08 Mon Jul 2024	1467.60	1461.35	1478.95	1460.15	0.491 times
05 Fri Jul 2024	1461.35	1467.00	1470.00	1449.95	0.811 times
04 Thu Jul 2024	1459.15	1482.00	1492.00	1453.30	0.804 times
03 Wed Jul 2024	1479.80	1479.95	1485.00	1461.00	0.545 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1532.6, for a target of 1487.6 or 1450.07

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	1345.00
Downside Target	1424.15
Downside Target	1453.00
Downside Target	1489.10
Downside Target	1498.00
Downside Target	1511.80
Upside Target	1527.50

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1494.37
Downside Intraday Target	1472.53
Upside Intraday Target	1532.77
Upside Intraday Target	1549.33
Downside Intraday Target	1510.93

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	1516.20	1520.10	1527.50	1489.10	0.494 times
12 Fri Jul 2024	1505.05	1461.35	1511.80	1441.25	0.89 times
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

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
16 Tue Jul 2024	1516.20	1430.35	1527.50	1424.15	0.458 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 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 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 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 1486.27 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.