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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 2024-03-21 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1732221

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1282.75	1275.00	1287.45	1270.65	0.82 times
20 Wed Mar 2024	1264.30	1252.00	1272.00	1247.00	0.658 times
19 Tue Mar 2024	1252.25	1270.00	1272.65	1248.90	0.718 times
18 Mon Mar 2024	1272.65	1282.00	1287.45	1268.05	0.364 times
15 Fri Mar 2024	1282.20	1293.00	1293.00	1268.50	1.443 times
14 Thu Mar 2024	1293.35	1272.00	1297.45	1258.05	1.229 times
13 Wed Mar 2024	1277.20	1292.30	1299.40	1266.30	1.155 times
12 Tue Mar 2024	1292.30	1295.00	1307.65	1277.70	1.133 times
11 Mon Mar 2024	1289.00	1288.15	1296.30	1275.50	0.911 times
07 Thu Mar 2024	1288.15	1275.00	1293.10	1265.55	1.197 times

My analysis of stock is bullish for shortterm, and stock might move up till 1296.4 or till 1313.8. Use a stoploss of 1281.91 and if this stock hits its stoploss, then it can fall down till 1267.41

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1113.80
Downside Target	1197.05
Downside Target	1221.40
Upside Target	1293.10
Upside Target	1307.65
Upside Target	1324.90
Upside Target	1333.05
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	1257.35
Downside Intraday Target	1231.95
Upside Intraday Target	1297.8
Upside Intraday Target	1312.85
Downside Intraday Target	1272.4

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1282.75	1282.00	1287.45	1247.00	0.436 times
15 Fri Mar 2024	1282.20	1288.15	1307.65	1258.05	1.374 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

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
21 Thu Mar 2024	1282.75	1287.00	1307.65	1247.00	0.625 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 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 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 mid to longer 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.

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 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 1281.82 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 negative.

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