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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 2024-03-11 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1540641

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	1289.00	1288.15	1296.30	1275.50	1.024 times
07 Thu Mar 2024	1288.15	1275.00	1293.10	1265.55	1.346 times
06 Wed Mar 2024	1271.00	1267.50	1274.35	1250.10	1.34 times
05 Tue Mar 2024	1272.50	1274.90	1279.90	1259.10	0.922 times
04 Mon Mar 2024	1280.05	1275.60	1285.50	1270.10	1.197 times
02 Sat Mar 2024	1272.50	1278.00	1282.00	1271.00	0.141 times
01 Fri Mar 2024	1271.80	1287.00	1287.00	1268.00	1.013 times
29 Thu Feb 2024	1273.85	1280.00	1285.20	1264.25	1.461 times
28 Wed Feb 2024	1285.85	1302.00	1306.05	1271.00	0.837 times
27 Tue Feb 2024	1296.05	1295.00	1305.05	1283.70	0.966 times

My analysis of stock is bearish for shortterm, and stock might move down till 1276.5 or till 1254.2. Use a stoploss of 1295.04 and if the stock hits stoploss, then it can shoot up till 1313.62

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1113.80
Downside Target	1197.05
Downside Target	1221.40
Upside Target	1296.30
Upside Target	1324.90
Upside Target	1333.05
Upside Target	1334.80
Upside Target	1342.55
Upside Target	1362.40
Upside Target	1416.30

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1277.57
Downside Intraday Target	1266.13
Upside Intraday Target	1298.37
Upside Intraday Target	1307.73
Downside Intraday Target	1286.93

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	1289.00	1288.15	1296.30	1275.50	0.213 times
07 Thu Mar 2024	1288.15	1275.60	1293.10	1250.10	0.925 times
02 Sat Mar 2024	1272.50	1322.25	1324.90	1264.25	0.866 times
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

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
11 Mon Mar 2024	1289.00	1287.00	1296.30	1250.10	0.283 times
29 Thu Feb 2024	1273.85	1330.00	1362.40	1264.25	0.637 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 1280.32 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 negative.

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