Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-26 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1671700

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	1698.70	1707.10	1714.65	1690.65	0.395 times
24 Tue Dec 2024	1704.90	1717.60	1725.35	1695.70	0.425 times
23 Mon Dec 2024	1712.40	1690.90	1725.00	1685.85	0.778 times
20 Fri Dec 2024	1686.05	1770.00	1770.85	1680.10	1.747 times
19 Thu Dec 2024	1754.35	1739.95	1768.90	1735.00	1.437 times
18 Wed Dec 2024	1778.90	1762.05	1787.95	1760.55	0.8 times
17 Tue Dec 2024	1770.75	1777.45	1789.15	1761.00	0.694 times
16 Mon Dec 2024	1775.55	1793.50	1793.50	1766.00	0.643 times
13 Fri Dec 2024	1796.40	1781.00	1804.60	1761.00	0.899 times
12 Thu Dec 2024	1789.60	1768.05	1807.70	1761.05	1.805 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1717.8, but if it comes above 1717.8, then a intra day buy could be more profitable.
If you take a sell trade below 1717.8, then use 1717.8 as stoploss and 1677.7 as target. However if you take a buy trade in stock , then use 1717.8 as stoploss and 1751.11 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	1681.25
Downside Intraday Target	1663.8
Upside Intraday Target	1720.75
Upside Intraday Target	1742.8
Upside Intraday Target	1703.3

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	1698.70	1690.90	1725.35	1685.85	0.3 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
26 Thu Dec 2024	1698.70	1710.00	1807.70	1680.10	0.818 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 down 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 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 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 weakening, and bulls 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1749.27 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.