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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 2024-10-14 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2508205

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	1692.50	1648.00	1697.00	1648.00	0.825 times
11 Fri Oct 2024	1647.05	1603.00	1650.00	1603.00	0.406 times
10 Thu Oct 2024	1619.70	1673.00	1675.95	1611.35	0.605 times
09 Wed Oct 2024	1658.80	1639.00	1669.80	1632.05	0.868 times
08 Tue Oct 2024	1629.10	1625.00	1635.00	1603.60	0.523 times
07 Mon Oct 2024	1618.55	1624.95	1632.05	1600.20	0.646 times
04 Fri Oct 2024	1616.45	1591.00	1648.40	1591.00	1.167 times
03 Thu Oct 2024	1604.05	1615.00	1631.15	1596.15	0.93 times
01 Tue Oct 2024	1625.40	1580.00	1642.90	1580.00	2.064 times
30 Mon Sep 2024	1577.20	1606.00	1606.00	1567.85	1.38 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1680.1, for a target of 1649.4 or 1623.77

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1193.65
Downside Target	1424.15
Downside Target	1561.75
Downside Target	1648.00
Downside Target	1648.40
Downside Target	1664.80
Downside Target	1665.00
Downside Target	1672.00
Downside Target	1675.95
Upside Target	1697.00

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1661.33
Downside Intraday Target	1630.17
Upside Intraday Target	1710.33
Upside Intraday Target	1728.17
Downside Intraday Target	1679.17

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	1692.50	1648.00	1697.00	1648.00	0.271 times
11 Fri Oct 2024	1647.05	1624.95	1675.95	1600.20	0.55 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

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
14 Mon Oct 2024	1692.50	1580.00	1697.00	1580.00	0.439 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 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.

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short to mid 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.

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 BUY signal for Tech Mahindra in short term and the buy signal is strong.

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

Tech Mahindra Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Tech Mahindra in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 1624.38 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.