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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 2024-09-20 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2082842

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	1622.05	1608.00	1629.30	1582.40	1.913 times
19 Thu Sep 2024	1595.35	1620.00	1635.35	1587.05	1.456 times
18 Wed Sep 2024	1605.40	1648.15	1648.15	1589.00	1.407 times
17 Tue Sep 2024	1651.55	1649.00	1672.00	1641.10	0.72 times
16 Mon Sep 2024	1649.00	1651.10	1670.00	1646.50	0.509 times
13 Fri Sep 2024	1656.05	1649.90	1659.90	1638.00	0.66 times
12 Thu Sep 2024	1643.25	1619.90	1649.60	1606.00	1.131 times
11 Wed Sep 2024	1602.60	1612.00	1627.00	1598.10	0.67 times
10 Tue Sep 2024	1607.40	1592.00	1613.70	1578.50	1.22 times
09 Mon Sep 2024	1579.20	1623.20	1631.30	1574.75	1.424 times

My analysis of stock is bearish for shortterm, and stock might move down till 1608.5 or till 1583.4. Use a stoploss of 1629.33 and if the stock hits stoploss, then it can shoot up till 1650.2

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	1561.75
Upside Target	1633.65
Upside Target	1659.90
Upside Target	1662.00
Upside Target	1665.00
Upside Target	1672.00

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1578.97
Downside Intraday Target	1535.88
Upside Intraday Target	1668.57
Upside Intraday Target	1715.08
Upside Intraday Target	1625.48

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	1622.05	1651.10	1672.00	1582.40	1.176 times
13 Fri Sep 2024	1656.05	1623.20	1659.90	1574.75	1.377 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

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
20 Fri Sep 2024	1622.05	1636.50	1672.00	1574.75	0.74 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 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 to mid 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 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 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 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 1615.49 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 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.