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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 2024-09-30 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2404472

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1577.20	1606.00	1606.00	1567.85	1.439 times
27 Fri Sep 2024	1609.25	1625.00	1664.80	1604.55	1.472 times
26 Thu Sep 2024	1606.95	1610.00	1619.85	1596.00	0.904 times
25 Wed Sep 2024	1602.75	1637.10	1643.10	1590.05	1.042 times
24 Tue Sep 2024	1637.10	1601.55	1643.50	1598.10	0.741 times
23 Mon Sep 2024	1607.15	1624.95	1631.00	1594.50	0.639 times
20 Fri Sep 2024	1622.05	1608.00	1629.30	1582.40	1.657 times
19 Thu Sep 2024	1595.35	1620.00	1635.35	1587.05	1.261 times
18 Wed Sep 2024	1605.40	1648.15	1648.15	1589.00	1.219 times
17 Tue Sep 2024	1651.55	1649.00	1672.00	1641.10	0.624 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1568.4, for a target of 1596.6 or 1620.22

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	1608.90
Upside Target	1659.90
Upside Target	1662.00
Upside Target	1664.80
Upside Target	1665.00
Upside Target	1672.00

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1561.37
Downside Intraday Target	1545.53
Upside Intraday Target	1599.52
Upside Intraday Target	1621.83
Upside Intraday Target	1583.68

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1577.20	1606.00	1606.00	1567.85	0.3 times
27 Fri Sep 2024	1609.25	1624.95	1664.80	1590.05	0.922 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

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
30 Mon Sep 2024	1577.20	1636.50	1672.00	1567.85	1.099 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 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 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 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 losing 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 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 SELL signal in short term and selling is picking up 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 1608.31 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.