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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 2024-02-23 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1806716

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	1322.25	1338.90	1342.55	1316.30	0.919 times
22 Thu Feb 2024	1328.10	1307.00	1330.50	1299.35	1.218 times
21 Wed Feb 2024	1296.60	1320.00	1325.00	1292.20	0.979 times
20 Tue Feb 2024	1320.55	1310.00	1323.65	1302.00	1.17 times
19 Mon Feb 2024	1310.00	1302.95	1318.00	1287.45	0.828 times
16 Fri Feb 2024	1302.55	1305.10	1309.20	1298.00	1.104 times
15 Thu Feb 2024	1300.35	1304.70	1308.00	1291.55	0.943 times
14 Wed Feb 2024	1292.90	1310.00	1319.95	1282.65	1.896 times
13 Tue Feb 2024	1328.45	1321.95	1334.80	1300.00	0.624 times
12 Mon Feb 2024	1318.80	1318.40	1331.00	1311.10	0.636 times

My analysis of stock is bullish for shortterm, and stock might move up till 1332.2 or till 1349.3. Use a stoploss of 1317.96 and if this stock hits its stoploss, then it can fall down till 1303.7

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1098.15
Downside Target	1197.05
Downside Target	1221.40
Downside Target	1282.65
Upside Target	1333.05
Upside Target	1334.80
Upside Target	1342.55
Upside Target	1354.00
Upside Target	1362.40
Upside Target	1416.30

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1292.28
Downside Intraday Target	1262.32
Upside Intraday Target	1347.38
Upside Intraday Target	1372.52
Downside Intraday Target	1317.42

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	1322.25	1302.95	1342.55	1287.45	0.983 times
16 Fri Feb 2024	1302.55	1318.40	1334.80	1282.65	1.037 times
09 Fri Feb 2024	1311.05	1345.80	1362.40	1302.00	0.846 times
02 Fri Feb 2024	1338.10	1338.00	1354.00	1309.75	0.759 times
25 Thu Jan 2024	1322.05	1405.00	1416.30	1312.05	0.735 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 Fri Feb 2024	1322.25	1330.00	1362.40	1282.65	0.533 times
31 Wed Jan 2024	1333.65	1273.00	1416.30	1221.40	1.271 times
29 Fri Dec 2023	1272.65	1226.80	1333.05	1197.05	1.516 times
30 Thu Nov 2023	1220.95	1130.95	1234.60	1113.80	0.688 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 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 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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Tech Mahindra in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 1309.99 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.