Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-07 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2941913

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1618.55	1624.95	1632.05	1600.20	0.55 times
04 Fri Oct 2024	1616.45	1591.00	1648.40	1591.00	0.995 times
03 Thu Oct 2024	1604.05	1615.00	1631.15	1596.15	0.793 times
01 Tue Oct 2024	1625.40	1580.00	1642.90	1580.00	1.76 times
30 Mon Sep 2024	1577.20	1606.00	1606.00	1567.85	1.176 times
27 Fri Sep 2024	1609.25	1625.00	1664.80	1604.55	1.203 times
26 Thu Sep 2024	1606.95	1610.00	1619.85	1596.00	0.739 times
25 Wed Sep 2024	1602.75	1637.10	1643.10	1590.05	0.852 times
24 Tue Sep 2024	1637.10	1601.55	1643.50	1598.10	0.606 times
23 Mon Sep 2024	1607.15	1624.95	1631.00	1594.50	0.522 times

My analysis of stock is bullish for shortterm, and stock might move up till 1637.6 or till 1663.7. Use a stoploss of 1615.84 and if this stock hits its stoploss, then it can fall down till 1594.1

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1193.65
Downside Target	1424.15
Downside Target	1561.75
Upside Target	1632.05
Upside Target	1648.40
Upside Target	1659.90
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	1601.82
Downside Intraday Target	1585.08
Upside Intraday Target	1633.67
Upside Intraday Target	1648.78
Downside Intraday Target	1616.93

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1618.55	1624.95	1632.05	1600.20	0.117 times
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

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
07 Mon Oct 2024	1618.55	1580.00	1648.40	1580.00	0.263 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 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 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 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 losing 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 above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Tech Mahindra in short term but SELL signal is weak.

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

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 1610.06 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 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 positive

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