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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 2024-09-25 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2095097

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1602.75	1637.10	1643.10	1590.05	1.196 times
24 Tue Sep 2024	1637.10	1601.55	1643.50	1598.10	0.851 times
23 Mon Sep 2024	1607.15	1624.95	1631.00	1594.50	0.733 times
20 Fri Sep 2024	1622.05	1608.00	1629.30	1582.40	1.902 times
19 Thu Sep 2024	1595.35	1620.00	1635.35	1587.05	1.447 times
18 Wed Sep 2024	1605.40	1648.15	1648.15	1589.00	1.399 times
17 Tue Sep 2024	1651.55	1649.00	1672.00	1641.10	0.716 times
16 Mon Sep 2024	1649.00	1651.10	1670.00	1646.50	0.506 times
13 Fri Sep 2024	1656.05	1649.90	1659.90	1638.00	0.656 times
12 Thu Sep 2024	1643.25	1619.90	1649.60	1606.00	1.125 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1605, but if it comes above 1605, then a intra day buy could be more profitable.
If you take a sell trade below 1605, then use 1605 as stoploss and 1578.6 as target. However if you take a buy trade in stock , then use 1605 as stoploss and 1627.08 as target.

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	1643.50
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	1580.7
Downside Intraday Target	1558.65
Upside Intraday Target	1634.15
Upside Intraday Target	1665.55
Upside Intraday Target	1612.1

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1602.75	1624.95	1643.50	1590.05	0.466 times
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

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
25 Wed Sep 2024	1602.75	1636.50	1672.00	1574.75	0.879 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 coming down

CCI has generated a SELL signal for Tech Mahindra in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 1621.84 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 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.