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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 2024-10-25 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2770578

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	1716.45	1735.75	1742.40	1710.35	0.629 times
24 Thu Oct 2024	1735.75	1735.05	1748.00	1728.05	0.567 times
23 Wed Oct 2024	1735.95	1696.55	1749.00	1685.60	1.515 times
22 Tue Oct 2024	1696.55	1703.40	1726.95	1691.45	0.897 times
21 Mon Oct 2024	1701.20	1745.00	1761.85	1690.05	2.129 times
18 Fri Oct 2024	1687.90	1695.00	1702.40	1645.60	1.126 times
17 Thu Oct 2024	1699.00	1660.70	1709.90	1656.00	1.361 times
16 Wed Oct 2024	1660.30	1670.00	1677.45	1652.80	0.386 times
15 Tue Oct 2024	1675.35	1700.00	1703.45	1663.50	0.904 times
14 Mon Oct 2024	1692.50	1648.00	1697.00	1648.00	0.747 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1705.8, but if it comes below 1705.8, then a intra day sell could be more profitable.
If you take a sell trade below 1705.8, then use 1705.8 as stoploss and 1660.33 as target. However if you take a buy trade in stock , then use 1705.8 as stoploss and 1760.5 as target.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1193.65
Downside Target	1424.15
Downside Target	1561.75
Downside Target	1645.60
Downside Target	1664.80
Downside Target	1665.00
Downside Target	1672.00
Downside Target	1675.95
Downside Target	1685.60
Downside Target	1709.90
Upside Target	1761.85

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1680.75
Downside Intraday Target	1645.05
Upside Intraday Target	1757
Upside Intraday Target	1797.55
Upside Intraday Target	1721.3

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	1716.45	1745.00	1761.85	1685.60	1.268 times
18 Fri Oct 2024	1687.90	1648.00	1709.90	1645.60	1.64 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

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
25 Fri Oct 2024	1716.45	1580.00	1761.85	1580.00	1.014 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 losing 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 coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1702.57 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.