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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 2024-12-04 View latest technical analysis

10 day averaged volume of Tech Mahindra is 2037163

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	1759.60	1742.10	1774.60	1740.60	0.889 times
03 Tue Dec 2024	1749.50	1760.00	1761.00	1737.60	0.895 times
02 Mon Dec 2024	1745.95	1710.00	1748.00	1705.90	0.673 times
29 Fri Nov 2024	1712.30	1708.00	1730.00	1700.50	0.764 times
28 Thu Nov 2024	1713.35	1757.00	1760.00	1706.80	0.878 times
27 Wed Nov 2024	1756.80	1741.00	1767.00	1735.55	1.025 times
26 Tue Nov 2024	1745.40	1732.60	1762.00	1731.05	0.634 times
25 Mon Nov 2024	1732.60	1760.00	1767.80	1727.85	1.921 times
22 Fri Nov 2024	1747.45	1714.75	1749.85	1702.25	1.151 times
21 Thu Nov 2024	1702.25	1712.00	1725.00	1684.80	1.086 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1742.9, but if it comes below 1742.9, then a intra day sell could be more profitable.
If you take a sell trade below 1742.9, then use 1742.9 as stoploss and 1706.92 as target. However if you take a buy trade in stock , then use 1742.9 as stoploss and 1786.1 as target.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1426.75
Downside Target	1567.85
Downside Target	1705.90
Downside Target	1715.45
Downside Target	1715.50
Downside Target	1749.85
Upside Target	1761.85
Upside Target	1767.80
Upside Target	1774.60

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1718.8
Downside Intraday Target	1678
Upside Intraday Target	1787.5
Upside Intraday Target	1815.4
Downside Intraday Target	1746.7

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	1759.60	1710.00	1774.60	1705.90	0.471 times
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

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
04 Wed Dec 2024	1759.60	1710.00	1774.60	1705.90	0.141 times
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

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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Tech Mahindra in short term and the buy signal is strong.

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

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 above the green 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 but buying is losing 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 1735.9 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 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.