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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 2024-08-14 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1971034

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	1524.40	1512.00	1529.45	1505.00	1.438 times
13 Tue Aug 2024	1503.40	1508.30	1523.65	1495.15	0.295 times
12 Mon Aug 2024	1512.50	1506.70	1524.50	1489.40	0.918 times
09 Fri Aug 2024	1506.70	1484.95	1509.25	1480.55	0.772 times
08 Thu Aug 2024	1466.45	1470.00	1488.15	1462.00	1.184 times
07 Wed Aug 2024	1473.65	1500.80	1515.25	1471.00	1.524 times
06 Tue Aug 2024	1483.40	1465.50	1503.00	1465.50	0.845 times
05 Mon Aug 2024	1456.35	1470.00	1484.25	1426.75	1.109 times
02 Fri Aug 2024	1507.70	1525.50	1533.55	1502.30	1.469 times
01 Thu Aug 2024	1544.45	1554.40	1569.00	1537.60	0.668 times

My analysis of stock is bullish for shortterm, and stock might move up till 1538.3 or till 1571. Use a stoploss of 1511.05 and if this stock hits its stoploss, then it can fall down till 1483.81

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	1515.25
Upside Target	1529.45
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	1499.38
Downside Intraday Target	1474.37
Upside Intraday Target	1539.43
Upside Intraday Target	1554.47
Downside Intraday Target	1514.42

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	1524.40	1506.70	1529.45	1489.40	0.488 times
09 Fri Aug 2024	1506.70	1470.00	1515.25	1426.75	1.072 times
02 Fri Aug 2024	1507.70	1545.65	1569.00	1502.30	0.593 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

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
14 Wed Aug 2024	1524.40	1554.40	1569.00	1426.75	0.403 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 SELL. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 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 1495.25 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 has given negative 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.