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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 2024-11-18 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1669026

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	1660.80	1684.75	1688.00	1633.25	0.969 times
14 Thu Nov 2024	1687.50	1663.00	1692.00	1663.00	1.15 times
13 Wed Nov 2024	1675.60	1680.00	1689.00	1663.65	0.637 times
12 Tue Nov 2024	1687.00	1710.00	1710.50	1684.00	0.847 times
11 Mon Nov 2024	1704.15	1672.80	1715.45	1666.05	0.951 times
08 Fri Nov 2024	1681.35	1660.00	1686.45	1650.05	1.128 times
07 Thu Nov 2024	1651.00	1695.00	1715.50	1644.35	0.77 times
06 Wed Nov 2024	1693.55	1649.95	1697.75	1635.00	1.896 times
05 Tue Nov 2024	1632.65	1638.30	1654.00	1623.80	0.825 times
04 Mon Nov 2024	1638.40	1614.00	1640.25	1608.05	1.646 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 1643.6 as stoploss in an intra day buy trade for a target of 1679.81. However, stock will show a bearish move below 1643.6.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1424.15
Downside Target	1561.75
Upside Target	1672.00
Upside Target	1685.60
Upside Target	1688.00
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	1633.37
Downside Intraday Target	1605.93
Upside Intraday Target	1688.12
Upside Intraday Target	1715.43
Downside Intraday Target	1660.68

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	1660.80	1684.75	1688.00	1633.25	0.27 times
14 Thu Nov 2024	1687.50	1672.80	1715.45	1663.00	0.572 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

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
18 Mon Nov 2024	1660.80	1619.00	1715.50	1598.80	0.338 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 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 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 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 in or below 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 but buying is losing 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 1672 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 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.