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 2024-04-03 View latest technical analysis

10 day averaged volume of Tech Mahindra is 1685154

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	1255.15	1240.00	1263.00	1240.00	1.079 times
02 Tue Apr 2024	1236.80	1244.00	1251.95	1235.10	0.784 times
01 Mon Apr 2024	1244.55	1252.10	1261.15	1242.00	0.829 times
28 Thu Mar 2024	1248.10	1260.00	1264.95	1242.00	1.446 times
27 Wed Mar 2024	1253.80	1258.00	1263.15	1246.55	1.263 times
26 Tue Mar 2024	1254.35	1262.25	1271.60	1251.00	1.272 times
22 Fri Mar 2024	1262.65	1258.50	1279.90	1236.10	1.775 times
21 Thu Mar 2024	1282.75	1275.00	1287.45	1270.65	0.843 times
20 Wed Mar 2024	1264.30	1252.00	1272.00	1247.00	0.676 times
19 Tue Mar 2024	1252.25	1270.00	1272.65	1248.90	0.738 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1252 as stoploss in an intra day buy trade for a target of 1268.66. However, stock will show a bearish move below 1252.

Share price targets for Tech Mahindra (TECHM)

Target Type	Value
Downside Target	1197.05
Downside Target	1221.40
Upside Target	1264.25
Upside Target	1271.60
Upside Target	1287.45
Upside Target	1293.10
Upside Target	1307.65
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	1239.17
Downside Intraday Target	1223.18
Upside Intraday Target	1267.07
Upside Intraday Target	1278.98
Downside Intraday Target	1251.08

Weekly technical analysis of Tech Mahindra (TECHM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	1255.15	1252.10	1263.00	1235.10	0.676 times
28 Thu Mar 2024	1248.10	1262.25	1271.60	1242.00	0.904 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

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
03 Wed Apr 2024	1255.15	1252.10	1263.00	1235.10	0.135 times
28 Thu Mar 2024	1248.10	1287.00	1307.65	1236.10	0.88 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

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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Tech Mahindra in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 1255.57 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.