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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 2024-12-30 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1372069

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	1740.85	1715.00	1773.60	1693.80	4.943 times
27 Fri Dec 2024	1711.65	1704.95	1716.50	1698.70	0.472 times
26 Thu Dec 2024	1698.70	1707.10	1714.65	1690.65	0.481 times
24 Tue Dec 2024	1704.90	1717.60	1725.35	1695.70	0.518 times
23 Mon Dec 2024	1712.40	1690.90	1725.00	1685.85	0.948 times
20 Fri Dec 2024	1686.05	1770.00	1770.85	1680.10	2.129 times
19 Thu Dec 2024	1754.35	1739.95	1768.90	1735.00	1.751 times
18 Wed Dec 2024	1778.90	1762.05	1787.95	1760.55	0.975 times
17 Tue Dec 2024	1770.75	1777.45	1789.15	1761.00	0.846 times
16 Mon Dec 2024	1775.55	1793.50	1793.50	1766.00	0.784 times

Stock of Tech Mahindra (TECHM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1720.1 or till 1681.3. Use a stoploss of 1752.46 and if the stock hits stoploss, then it can shoot up till 1784.81

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	1773.60
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	1698.57
Downside Intraday Target	1656.28
Upside Intraday Target	1778.37
Upside Intraday Target	1815.88
Downside Intraday Target	1736.08

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	1740.85	1715.00	1773.60	1693.80	2.043 times
27 Fri Dec 2024	1711.65	1690.90	1725.35	1685.85	0.373 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tech Mahindra (TECHM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	1740.85	1710.00	1807.70	1680.10	1.027 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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.

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

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 weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 1734.85 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 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.