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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 2024-12-23 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1740000

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	1712.40	1690.90	1725.00	1685.85	0.748 times
20 Fri Dec 2024	1686.05	1770.00	1770.85	1680.10	1.679 times
19 Thu Dec 2024	1754.35	1739.95	1768.90	1735.00	1.381 times
18 Wed Dec 2024	1778.90	1762.05	1787.95	1760.55	0.769 times
17 Tue Dec 2024	1770.75	1777.45	1789.15	1761.00	0.667 times
16 Mon Dec 2024	1775.55	1793.50	1793.50	1766.00	0.618 times
13 Fri Dec 2024	1796.40	1781.00	1804.60	1761.00	0.864 times
12 Thu Dec 2024	1789.60	1768.05	1807.70	1761.05	1.735 times
11 Wed Dec 2024	1762.80	1765.00	1769.75	1750.05	0.739 times
10 Tue Dec 2024	1763.55	1766.20	1777.00	1753.30	0.934 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1726.9, but if it comes above 1726.9, then a intra day buy could be more profitable.
If you take a sell trade below 1726.9, then use 1726.9 as stoploss and 1692 as target. However if you take a buy trade in stock , then use 1726.9 as stoploss and 1756.04 as target.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1426.75
Downside Target	1567.85
Downside Target	1665.00
Upside 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	1690.5
Downside Intraday Target	1668.6
Upside Intraday Target	1729.65
Upside Intraday Target	1746.9
Downside Intraday Target	1707.75

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	1712.40	1690.90	1725.00	1685.85	0.146 times
20 Fri Dec 2024	1686.05	1793.50	1793.50	1680.10	1.046 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

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
23 Mon Dec 2024	1712.40	1710.00	1807.70	1680.10	0.779 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 to mid 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 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 SELL. Signal strength is Strong and stock is gaining 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 LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a SELL signal for Tech Mahindra in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 1755.26 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.