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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 2024-10-04 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2952393

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	1616.45	1591.00	1648.40	1591.00	0.992 times
03 Thu Oct 2024	1604.05	1615.00	1631.15	1596.15	0.79 times
01 Tue Oct 2024	1625.40	1580.00	1642.90	1580.00	1.753 times
30 Mon Sep 2024	1577.20	1606.00	1606.00	1567.85	1.172 times
27 Fri Sep 2024	1609.25	1625.00	1664.80	1604.55	1.199 times
26 Thu Sep 2024	1606.95	1610.00	1619.85	1596.00	0.736 times
25 Wed Sep 2024	1602.75	1637.10	1643.10	1590.05	0.849 times
24 Tue Sep 2024	1637.10	1601.55	1643.50	1598.10	0.604 times
23 Mon Sep 2024	1607.15	1624.95	1631.00	1594.50	0.52 times
20 Fri Sep 2024	1622.05	1608.00	1629.30	1582.40	1.35 times

My analysis of stock is bullish for shortterm, and stock might move up till 1637.9 or till 1664. Use a stoploss of 1616.07 and if this stock hits its stoploss, then it can fall down till 1594.28

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1193.65
Downside Target	1424.15
Downside Target	1561.75
Upside Target	1648.40
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	1573.4
Downside Intraday Target	1530.35
Upside Intraday Target	1653.95
Upside Intraday Target	1691.45
Downside Intraday Target	1610.9

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	1616.45	1606.00	1648.40	1567.85	1.205 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
04 Fri Oct 2024	1616.45	1580.00	1648.40	1580.00	0.228 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 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 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 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 moving up

CCI has generated a buy signal for Tech Mahindra in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 1611.21 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 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.