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 2024-03-22 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1667790

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	1262.65	1258.50	1279.90	1236.10	1.793 times
21 Thu Mar 2024	1282.75	1275.00	1287.45	1270.65	0.851 times
20 Wed Mar 2024	1264.30	1252.00	1272.00	1247.00	0.683 times
19 Tue Mar 2024	1252.25	1270.00	1272.65	1248.90	0.746 times
18 Mon Mar 2024	1272.65	1282.00	1287.45	1268.05	0.378 times
15 Fri Mar 2024	1282.20	1293.00	1293.00	1268.50	1.498 times
14 Thu Mar 2024	1293.35	1272.00	1297.45	1258.05	1.277 times
13 Wed Mar 2024	1277.20	1292.30	1299.40	1266.30	1.2 times
12 Tue Mar 2024	1292.30	1295.00	1307.65	1277.70	1.177 times
11 Mon Mar 2024	1289.00	1288.15	1296.30	1275.50	0.946 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1267.2, but if it comes above 1267.2, then a intra day buy could be more profitable.
If you take a sell trade below 1267.2, then use 1267.2 as stoploss and 1253 as target. However if you take a buy trade in stock , then use 1267.2 as stoploss and 1278.93 as target.

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	1236.68
Downside Intraday Target	1210.72
Upside Intraday Target	1288.03
Upside Intraday Target	1313.42
Downside Intraday Target	1262.07

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	1262.65	1282.00	1287.45	1236.10	0.73 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 down 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
22 Fri Mar 2024	1262.65	1287.00	1307.65	1236.10	0.703 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 and the sell signal is strong.

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 below the red 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 SELL signal in short term and selling is picking up 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 1277.82 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.