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 2024-09-10 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1892345

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	1607.40	1592.00	1613.70	1578.50	1.343 times
09 Mon Sep 2024	1579.20	1623.20	1631.30	1574.75	1.567 times
06 Fri Sep 2024	1623.25	1639.50	1651.20	1613.95	0.884 times
05 Thu Sep 2024	1639.50	1653.00	1657.90	1632.90	0.571 times
04 Wed Sep 2024	1645.30	1619.75	1650.00	1608.90	0.869 times
03 Tue Sep 2024	1644.10	1639.00	1659.25	1632.10	0.919 times
02 Mon Sep 2024	1646.65	1636.50	1662.00	1635.55	0.836 times
30 Fri Aug 2024	1636.50	1647.00	1663.75	1631.10	1.018 times
29 Thu Aug 2024	1647.35	1620.05	1656.25	1620.05	1.16 times
28 Wed Aug 2024	1627.35	1620.00	1665.00	1616.20	1.603 times

My analysis of stock is bearish for shortterm, and stock might move down till 1572.3 or till 1526.4. Use a stoploss of 1610.6 and if the stock hits stoploss, then it can shoot up till 1648.88

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
Upside Target	1609.00
Upside Target	1631.30
Upside 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	1577.67
Downside Intraday Target	1547.93
Upside Intraday Target	1634.22
Upside Intraday Target	1661.03
Downside Intraday Target	1604.48

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	1607.40	1623.20	1631.30	1574.75	0.713 times
06 Fri Sep 2024	1623.25	1636.50	1662.00	1608.90	0.792 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

Price has moved down 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
10 Tue Sep 2024	1607.40	1636.50	1662.00	1574.75	0.317 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short to mid 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 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 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 LOWS in short term which reflects strong selling momentum. Bears 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 but BUY 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 1625.56 and Tech Mahindra (TECHM) stock is trading below this level. This means that stock is falling with high volumes. 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.