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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 2024-10-29 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2763189

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1698.50	1709.00	1724.10	1680.35	0.543 times
28 Mon Oct 2024	1702.55	1710.00	1727.95	1693.20	0.46 times
25 Fri Oct 2024	1716.45	1735.75	1742.40	1710.35	0.631 times
24 Thu Oct 2024	1735.75	1735.05	1748.00	1728.05	0.568 times
23 Wed Oct 2024	1735.95	1696.55	1749.00	1685.60	1.52 times
22 Tue Oct 2024	1696.55	1703.40	1726.95	1691.45	0.899 times
21 Mon Oct 2024	1701.20	1745.00	1761.85	1690.05	2.134 times
18 Fri Oct 2024	1687.90	1695.00	1702.40	1645.60	1.129 times
17 Thu Oct 2024	1699.00	1660.70	1709.90	1656.00	1.365 times
16 Wed Oct 2024	1660.30	1670.00	1677.45	1652.80	0.387 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1711.6 as stoploss in an intra day sell trade for a target of 1671.06. However, stock will show a bullish move above 1711.6.

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	1672.00
Downside Target	1675.95
Downside Target	1680.35
Downside Target	1685.60
Upside Target	1709.90
Upside Target	1727.95
Upside Target	1761.85

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1676.58
Downside Intraday Target	1654.67
Upside Intraday Target	1724.18
Upside Intraday Target	1749.87
Upside Intraday Target	1702.27

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1698.50	1710.00	1727.95	1680.35	0.174 times
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

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
29 Tue Oct 2024	1698.50	1580.00	1761.85	1580.00	1.075 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 1705.68 and Tech Mahindra (TECHM) stock is trading below this level. This means that stock is falling with high volumes. 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.