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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 2024-03-26 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1759512

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	1254.35	1262.25	1271.60	1251.00	1.219 times
22 Fri Mar 2024	1262.65	1258.50	1279.90	1236.10	1.7 times
21 Thu Mar 2024	1282.75	1275.00	1287.45	1270.65	0.807 times
20 Wed Mar 2024	1264.30	1252.00	1272.00	1247.00	0.648 times
19 Tue Mar 2024	1252.25	1270.00	1272.65	1248.90	0.707 times
18 Mon Mar 2024	1272.65	1282.00	1287.45	1268.05	0.359 times
15 Fri Mar 2024	1282.20	1293.00	1293.00	1268.50	1.42 times
14 Thu Mar 2024	1293.35	1272.00	1297.45	1258.05	1.21 times
13 Wed Mar 2024	1277.20	1292.30	1299.40	1266.30	1.137 times
12 Tue Mar 2024	1292.30	1295.00	1307.65	1277.70	1.116 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1250.2, for a target of 1264.7 or 1276.74

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1113.80
Downside Target	1197.05
Downside Target	1221.40
Upside Target	1287.45
Upside Target	1293.10
Upside Target	1307.65
Upside Target	1324.90
Upside Target	1333.05
Upside Target	1362.40
Upside Target	1416.30

Intraday share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Intraday Target	1246.37
Downside Intraday Target	1238.38
Upside Intraday Target	1266.97
Upside Intraday Target	1279.58
Upside Intraday Target	1258.98

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	1254.35	1262.25	1271.60	1251.00	0.289 times
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

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
26 Tue Mar 2024	1254.35	1287.00	1307.65	1236.10	0.76 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tech Mahindra ( (TECHM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tech Mahindra ( (TECHM) ) based on a mid to longer 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.

ADX buy sell signal for Tech Mahindra stock for short term is SELL. Signal strength is Strong and stock is losing 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 getting stronger in this stock.

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 but selling is losing 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 1274.08 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.