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 2024-08-01 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2788044

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	1544.45	1554.40	1569.00	1537.60	0.472 times
31 Wed Jul 2024	1554.40	1538.00	1561.75	1535.00	0.86 times
30 Tue Jul 2024	1538.05	1520.00	1551.95	1520.00	0.582 times
29 Mon Jul 2024	1525.35	1545.65	1554.70	1510.05	0.63 times
26 Fri Jul 2024	1541.15	1530.00	1544.65	1444.25	2.559 times
25 Thu Jul 2024	1530.00	1525.00	1547.55	1504.90	1.178 times
24 Wed Jul 2024	1533.30	1493.40	1540.00	1473.40	0.919 times
23 Tue Jul 2024	1493.40	1491.00	1502.70	1460.00	0.588 times
22 Mon Jul 2024	1495.55	1479.95	1505.85	1476.10	0.798 times
19 Fri Jul 2024	1491.40	1538.00	1539.95	1486.50	0.898 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1536.3, but if it comes below 1536.3, then a intra day sell could be more profitable.
If you take a sell trade below 1536.3, then use 1536.3 as stoploss and 1504.23 as target. However if you take a buy trade in stock , then use 1536.3 as stoploss and 1574.9 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	1345.00
Downside Target	1424.15
Downside Target	1486.50
Downside Target	1511.80
Downside Target	1537.60
Upside Target	1545.70
Upside Target	1547.55
Upside Target	1561.75
Upside Target	1569.00

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1513.33
Downside Intraday Target	1482.22
Upside Intraday Target	1572.28
Upside Intraday Target	1600.12
Downside Intraday Target	1541.17

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	1544.45	1545.65	1569.00	1510.05	0.421 times
26 Fri Jul 2024	1541.15	1479.95	1547.55	1444.25	1.787 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

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
01 Thu Aug 2024	1544.45	1554.40	1569.00	1537.60	0.026 times
31 Wed Jul 2024	1554.40	1430.35	1561.75	1424.15	1.036 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

Scroll below to view daily charts

Price has moved down 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Tech Mahindra in short term but the sell signal is initial and weak.

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 coming down

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 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 1527.62 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 falling down

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.