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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 2024-11-04 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2385972

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1638.40	1614.00	1640.25	1608.05	1.151 times
01 Fri Nov 2024	1603.65	1619.00	1619.00	1598.80	0.104 times
31 Thu Oct 2024	1608.65	1666.60	1669.80	1595.55	1.525 times
30 Wed Oct 2024	1684.95	1704.10	1712.15	1682.25	0.547 times
29 Tue Oct 2024	1698.50	1709.00	1724.10	1680.35	0.628 times
28 Mon Oct 2024	1702.55	1710.00	1727.95	1693.20	0.533 times
25 Fri Oct 2024	1716.45	1735.75	1742.40	1710.35	0.731 times
24 Thu Oct 2024	1735.75	1735.05	1748.00	1728.05	0.658 times
23 Wed Oct 2024	1735.95	1696.55	1749.00	1685.60	1.76 times
22 Tue Oct 2024	1696.55	1703.40	1726.95	1691.45	1.041 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1635.9 as stoploss in an intra day buy trade for a target of 1674.62. However, stock will show a bearish move below 1635.9.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1424.15
Downside Target	1561.75
Upside Target	1640.25
Upside Target	1665.00
Upside Target	1672.00
Upside Target	1675.95
Upside 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	1617.55
Downside Intraday Target	1596.7
Upside Intraday Target	1649.75
Upside Intraday Target	1661.1
Downside Intraday Target	1628.9

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1638.40	1614.00	1640.25	1608.05	0.345 times
01 Fri Nov 2024	1603.65	1710.00	1727.95	1595.55	0.501 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

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 Mon Nov 2024	1638.40	1619.00	1640.25	1598.80	0.055 times
31 Thu Oct 2024	1608.65	1580.00	1761.85	1580.00	1.182 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

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 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 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 SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but BUY signal is weak.

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 1684.69 and Tech Mahindra (TECHM) stock is trading below this level. This means that stock is falling with high volumes. 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.