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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 2024-07-23 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2009268

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	1493.40	1491.00	1502.70	1460.00	0.816 times
22 Mon Jul 2024	1495.55	1479.95	1505.85	1476.10	1.108 times
19 Fri Jul 2024	1491.40	1538.00	1539.95	1486.50	1.247 times
18 Thu Jul 2024	1539.35	1507.00	1545.70	1505.00	1.37 times
16 Tue Jul 2024	1516.20	1503.35	1519.00	1489.10	0.893 times
15 Mon Jul 2024	1499.05	1520.10	1527.50	1492.00	1.182 times
12 Fri Jul 2024	1505.05	1475.00	1511.80	1461.05	2.176 times
11 Thu Jul 2024	1460.60	1476.00	1476.00	1441.25	0.701 times
10 Wed Jul 2024	1463.35	1472.10	1472.80	1441.50	0.4 times
09 Tue Jul 2024	1465.75	1466.00	1469.40	1455.00	0.522 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 1503.1 as stoploss in an intra day sell trade for a target of 1472.26. However, stock will show a bullish move above 1503.1.

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	1381.00
Downside Target	1424.15
Downside Target	1486.50
Upside Target	1498.00
Upside Target	1505.85
Upside Target	1511.80
Upside Target	1545.70

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1466.98
Downside Intraday Target	1440.57
Upside Intraday Target	1512.83
Upside Intraday Target	1532.27
Downside Intraday Target	1486.42

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	1493.40	1479.95	1505.85	1460.00	0.41 times
19 Fri Jul 2024	1491.40	1520.10	1545.70	1486.50	1.117 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

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
23 Tue Jul 2024	1493.40	1430.35	1545.70	1424.15	0.647 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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.

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. Bears 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 SELL signal for Tech Mahindra in short term and SELL 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 1499.72 and Tech Mahindra (TECHM) stock is trading below this level. This means that stock is falling with high volumes. 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.