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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 2024-11-05 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2070829

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1632.65	1638.30	1654.00	1623.80	0.665 times
04 Mon Nov 2024	1638.40	1614.00	1640.25	1608.05	1.326 times
01 Fri Nov 2024	1603.65	1619.00	1619.00	1598.80	0.12 times
31 Thu Oct 2024	1608.65	1666.60	1669.80	1595.55	1.757 times
30 Wed Oct 2024	1684.95	1704.10	1712.15	1682.25	0.63 times
29 Tue Oct 2024	1698.50	1709.00	1724.10	1680.35	0.724 times
28 Mon Oct 2024	1702.55	1710.00	1727.95	1693.20	0.614 times
25 Fri Oct 2024	1716.45	1735.75	1742.40	1710.35	0.842 times
24 Thu Oct 2024	1735.75	1735.05	1748.00	1728.05	0.758 times
23 Wed Oct 2024	1735.95	1696.55	1749.00	1685.60	2.028 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1636.3, but if it comes above 1636.3, then a intra day buy could be more profitable.
If you take a sell trade below 1636.3, then use 1636.3 as stoploss and 1590 as target. However if you take a buy trade in stock , then use 1636.3 as stoploss and 1674.79 as target.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1424.15
Downside Target	1561.75
Upside Target	1645.60
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	1609.13
Downside Intraday Target	1585.62
Upside Intraday Target	1655.08
Upside Intraday Target	1677.52
Downside Intraday Target	1631.57

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1632.65	1614.00	1654.00	1608.05	0.518 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
05 Tue Nov 2024	1632.65	1619.00	1654.00	1598.80	0.081 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 negative zone. This is the SELL 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 1679.53 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.