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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 2024-09-05 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1729813

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	1639.50	1653.00	1657.90	1632.90	0.625 times
04 Wed Sep 2024	1645.30	1619.75	1650.00	1608.90	0.95 times
03 Tue Sep 2024	1644.10	1639.00	1659.25	1632.10	1.006 times
02 Mon Sep 2024	1646.65	1636.50	1662.00	1635.55	0.915 times
30 Fri Aug 2024	1636.50	1647.00	1663.75	1631.10	1.114 times
29 Thu Aug 2024	1647.35	1620.05	1656.25	1620.05	1.269 times
28 Wed Aug 2024	1627.35	1620.00	1665.00	1616.20	1.754 times
27 Tue Aug 2024	1624.60	1644.00	1645.00	1622.10	0.626 times
26 Mon Aug 2024	1640.15	1610.00	1643.00	1609.00	0.873 times
23 Fri Aug 2024	1598.40	1613.05	1616.95	1593.05	0.59 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 1651 as stoploss in an intra day sell trade for a target of 1594.39. However, stock will show a bullish move above 1651.

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	1611.6
Downside Intraday Target	1583.7
Upside Intraday Target	1664.7
Upside Intraday Target	1689.9
Downside Intraday Target	1636.8

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	1639.50	1636.50	1662.00	1608.90	0.62 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
05 Thu Sep 2024	1639.50	1636.50	1662.00	1608.90	0.145 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Stock of Tech Mahindra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1636.31 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.