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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 2024-11-29 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2022033

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	1712.30	1708.00	1730.00	1700.50	0.77 times
28 Thu Nov 2024	1713.35	1757.00	1760.00	1706.80	0.884 times
27 Wed Nov 2024	1756.80	1741.00	1767.00	1735.55	1.033 times
26 Tue Nov 2024	1745.40	1732.60	1762.00	1731.05	0.639 times
25 Mon Nov 2024	1732.60	1760.00	1767.80	1727.85	1.935 times
22 Fri Nov 2024	1747.45	1714.75	1749.85	1702.25	1.159 times
21 Thu Nov 2024	1702.25	1712.00	1725.00	1684.80	1.094 times
19 Tue Nov 2024	1699.65	1664.90	1724.40	1664.10	0.98 times
18 Mon Nov 2024	1660.80	1684.75	1688.00	1633.25	0.8 times
14 Thu Nov 2024	1687.50	1663.00	1692.00	1663.00	0.95 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1729.5 as stoploss in an intra day sell trade for a target of 1686.71. However, stock will show a bullish move above 1729.5.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1424.15
Downside Target	1561.75
Downside Target	1672.00
Downside Target	1700.50
Upside Target	1715.45
Upside Target	1715.50
Upside Target	1727.95
Upside Target	1749.85
Upside Target	1761.85
Upside Target	1767.80

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1685.93
Downside Intraday Target	1659.57
Upside Intraday Target	1753.23
Upside Intraday Target	1794.17
Upside Intraday Target	1726.87

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	1712.30	1760.00	1767.80	1700.50	1.304 times
22 Fri Nov 2024	1747.45	1684.75	1749.85	1633.25	1.363 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

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
29 Fri Nov 2024	1712.30	1619.00	1767.80	1598.80	0.654 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short to mid 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 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 BUY signal for Tech Mahindra in short term and the buy signal is strong.

Tech Mahindra Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 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 1718.15 and Tech Mahindra (TECHM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.