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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 2024-12-19 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1601956

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	1754.35	1739.95	1768.90	1735.00	1.5 times
18 Wed Dec 2024	1778.90	1762.05	1787.95	1760.55	0.835 times
17 Tue Dec 2024	1770.75	1777.45	1789.15	1761.00	0.725 times
16 Mon Dec 2024	1775.55	1793.50	1793.50	1766.00	0.671 times
13 Fri Dec 2024	1796.40	1781.00	1804.60	1761.00	0.938 times
12 Thu Dec 2024	1789.60	1768.05	1807.70	1761.05	1.884 times
11 Wed Dec 2024	1762.80	1765.00	1769.75	1750.05	0.803 times
10 Tue Dec 2024	1763.55	1766.20	1777.00	1753.30	1.015 times
09 Mon Dec 2024	1777.85	1779.10	1800.75	1771.20	0.668 times
06 Fri Dec 2024	1782.80	1797.00	1797.00	1775.60	0.737 times

My analysis of stock is bearish for shortterm, and stock might move down till 1737.3 or till 1709.9. Use a stoploss of 1760.12 and if the stock hits stoploss, then it can shoot up till 1782.95

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1426.75
Downside Target	1567.85
Downside Target	1633.25
Downside Target	1750.05
Upside Target	1761.85
Upside Target	1767.80
Upside Target	1793.50
Upside Target	1797.00
Upside Target	1807.70

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1728.4
Downside Intraday Target	1702.45
Upside Intraday Target	1786.9
Upside Intraday Target	1819.45
Upside Intraday Target	1760.95

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	1754.35	1793.50	1793.50	1735.00	0.703 times
13 Fri Dec 2024	1796.40	1779.10	1807.70	1750.05	0.95 times
06 Fri Dec 2024	1782.80	1710.00	1797.00	1705.90	0.841 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

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
19 Thu Dec 2024	1754.35	1710.00	1807.70	1705.90	0.66 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 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 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 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. Bears 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 and SELL 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

Although the stock is in the BUY zone, but buying 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 1775.35 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 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.