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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 2024-11-06 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1960034

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1693.55	1649.95	1697.75	1635.00	1.614 times
05 Tue Nov 2024	1632.65	1638.30	1654.00	1623.80	0.702 times
04 Mon Nov 2024	1638.40	1614.00	1640.25	1608.05	1.401 times
01 Fri Nov 2024	1603.65	1619.00	1619.00	1598.80	0.127 times
31 Thu Oct 2024	1608.65	1666.60	1669.80	1595.55	1.857 times
30 Wed Oct 2024	1684.95	1704.10	1712.15	1682.25	0.666 times
29 Tue Oct 2024	1698.50	1709.00	1724.10	1680.35	0.765 times
28 Mon Oct 2024	1702.55	1710.00	1727.95	1693.20	0.649 times
25 Fri Oct 2024	1716.45	1735.75	1742.40	1710.35	0.89 times
24 Thu Oct 2024	1735.75	1735.05	1748.00	1728.05	0.801 times

My analysis of stock is bullish for shortterm, and stock might move up till 1715.1 or till 1761.3. Use a stoploss of 1676.53 and if this stock hits its stoploss, then it can fall down till 1637.99

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1424.15
Downside Target	1561.75
Downside Target	1645.60
Downside Target	1675.95
Downside Target	1685.60
Upside Target	1697.75
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	1635.15
Downside Intraday Target	1576.75
Upside Intraday Target	1724.85
Upside Intraday Target	1756.15
Downside Intraday Target	1666.45

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1693.55	1614.00	1697.75	1608.05	0.915 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
06 Wed Nov 2024	1693.55	1619.00	1697.75	1598.80	0.139 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 gaining momentum.

MACD generated a SELL signal for Tech Mahindra in short term but the sell signal is initial and weak.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 1669.16 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 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.