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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 2024-10-01 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2644500

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1625.40	1580.00	1642.90	1580.00	1.957 times
30 Mon Sep 2024	1577.20	1606.00	1606.00	1567.85	1.309 times
27 Fri Sep 2024	1609.25	1625.00	1664.80	1604.55	1.339 times
26 Thu Sep 2024	1606.95	1610.00	1619.85	1596.00	0.822 times
25 Wed Sep 2024	1602.75	1637.10	1643.10	1590.05	0.948 times
24 Tue Sep 2024	1637.10	1601.55	1643.50	1598.10	0.674 times
23 Mon Sep 2024	1607.15	1624.95	1631.00	1594.50	0.581 times
20 Fri Sep 2024	1622.05	1608.00	1629.30	1582.40	1.507 times
19 Thu Sep 2024	1595.35	1620.00	1635.35	1587.05	1.147 times
18 Wed Sep 2024	1605.40	1648.15	1648.15	1589.00	1.108 times

My analysis of stock is bullish for shortterm, and stock might move up till 1642.3 or till 1669.8. Use a stoploss of 1619.29 and if this stock hits its stoploss, then it can fall down till 1596.32

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1193.65
Downside Target	1424.15
Downside Target	1561.75
Upside Target	1642.90
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	1581.2
Downside Intraday Target	1537
Upside Intraday Target	1656.25
Upside Intraday Target	1687.1
Downside Intraday Target	1612.05

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1625.40	1606.00	1642.90	1567.85	0.749 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 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
01 Tue Oct 2024	1625.40	1580.00	1642.90	1580.00	0.113 times
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

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 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 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 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 BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 and BUY signal is strong.

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

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 1609.1 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 negative.

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