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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 2024-11-13 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1865107

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	1675.60	1680.00	1689.00	1663.65	0.57 times
12 Tue Nov 2024	1687.00	1710.00	1710.50	1684.00	0.758 times
11 Mon Nov 2024	1704.15	1672.80	1715.45	1666.05	0.851 times
08 Fri Nov 2024	1681.35	1660.00	1686.45	1650.05	1.01 times
07 Thu Nov 2024	1651.00	1695.00	1715.50	1644.35	0.689 times
06 Wed Nov 2024	1693.55	1649.95	1697.75	1635.00	1.696 times
05 Tue Nov 2024	1632.65	1638.30	1654.00	1623.80	0.738 times
04 Mon Nov 2024	1638.40	1614.00	1640.25	1608.05	1.473 times
01 Fri Nov 2024	1603.65	1619.00	1619.00	1598.80	0.134 times
31 Thu Oct 2024	1608.65	1666.60	1669.80	1595.55	1.951 times

My analysis of stock is bearish for shortterm, and stock might move down till 1645.6 or till 1602.3. Use a stoploss of 1681.74 and if the stock hits stoploss, then it can shoot up till 1717.86

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1424.15
Downside Target	1561.75
Downside Target	1645.60
Upside Target	1685.60
Upside Target	1709.90
Upside Target	1715.45
Upside Target	1715.50
Upside Target	1727.95
Upside Target	1761.85

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1654.35
Downside Intraday Target	1633.1
Upside Intraday Target	1706.15
Upside Intraday Target	1736.7
Upside Intraday Target	1684.9

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	1675.60	1672.80	1715.45	1663.65	0.389 times
08 Fri Nov 2024	1681.35	1614.00	1715.50	1608.05	1.313 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

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
13 Wed Nov 2024	1675.60	1619.00	1715.50	1598.80	0.272 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 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 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 BUY. 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 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 in or below 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 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 1657.92 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.