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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 2024-09-04 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1759019

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	1645.30	1619.75	1650.00	1608.90	0.935 times
03 Tue Sep 2024	1644.10	1639.00	1659.25	1632.10	0.989 times
02 Mon Sep 2024	1646.65	1636.50	1662.00	1635.55	0.9 times
30 Fri Aug 2024	1636.50	1647.00	1663.75	1631.10	1.095 times
29 Thu Aug 2024	1647.35	1620.05	1656.25	1620.05	1.247 times
28 Wed Aug 2024	1627.35	1620.00	1665.00	1616.20	1.725 times
27 Tue Aug 2024	1624.60	1644.00	1645.00	1622.10	0.616 times
26 Mon Aug 2024	1640.15	1610.00	1643.00	1609.00	0.859 times
23 Fri Aug 2024	1598.40	1613.05	1616.95	1593.05	0.58 times
22 Thu Aug 2024	1611.25	1605.05	1620.65	1596.00	0.888 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 1647.4 as stoploss in an intra day sell trade for a target of 1586.1. However, stock will show a bullish move above 1647.4.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1193.65
Downside Target	1224.05
Downside Target	1345.00
Downside Target	1424.15
Downside Target	1489.40
Downside Target	1561.75
Downside Target	1608.90
Downside Target	1609.00
Downside Target	1633.65
Upside Target	1662.00
Upside Target	1665.00

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1615.47
Downside Intraday Target	1585.63
Upside Intraday Target	1668.57
Upside Intraday Target	1691.83
Downside Intraday Target	1638.73

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	1645.30	1636.50	1662.00	1608.90	0.509 times
30 Fri Aug 2024	1636.50	1610.00	1665.00	1609.00	1.133 times
23 Fri Aug 2024	1598.40	1587.85	1633.65	1575.85	1.018 times
16 Fri Aug 2024	1585.30	1506.70	1589.00	1489.40	0.789 times
09 Fri Aug 2024	1506.70	1470.00	1515.25	1426.75	1.072 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
04 Wed Sep 2024	1645.30	1636.50	1662.00	1608.90	0.119 times
30 Fri Aug 2024	1636.50	1554.40	1665.00	1426.75	0.835 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

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 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 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 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 1633.84 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.