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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 2024-10-03 View latest technical analysis

10 day averaged volume of Tech Mahindra is 3012195

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	1604.05	1615.00	1631.15	1596.15	0.774 times
01 Tue Oct 2024	1625.40	1580.00	1642.90	1580.00	1.719 times
30 Mon Sep 2024	1577.20	1606.00	1606.00	1567.85	1.149 times
27 Fri Sep 2024	1609.25	1625.00	1664.80	1604.55	1.175 times
26 Thu Sep 2024	1606.95	1610.00	1619.85	1596.00	0.722 times
25 Wed Sep 2024	1602.75	1637.10	1643.10	1590.05	0.832 times
24 Tue Sep 2024	1637.10	1601.55	1643.50	1598.10	0.592 times
23 Mon Sep 2024	1607.15	1624.95	1631.00	1594.50	0.51 times
20 Fri Sep 2024	1622.05	1608.00	1629.30	1582.40	1.323 times
19 Thu Sep 2024	1595.35	1620.00	1635.35	1587.05	1.007 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1594.8 as stoploss in an intra day buy trade for a target of 1617.22. However, stock will show a bearish move below 1594.8.

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	1566.97
Downside Intraday Target	1529.88
Upside Intraday Target	1642.02
Upside Intraday Target	1679.98
Upside Intraday Target	1604.93

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	1604.05	1606.00	1642.90	1567.85	0.951 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
03 Thu Oct 2024	1604.05	1580.00	1642.90	1580.00	0.164 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 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 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 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.

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 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

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 1609.06 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.