Stock analysis Tech Mahindra Limited TECHM
More indepth analysis on MunafaSutra.com
Recent prices of TECHM Tech Mahindra Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Fri Apr 2024 | 1193.65 | 1162.95 to 1204.85 | 1.19% | 1.3 times |
| 18 Thu Apr 2024 | 1179.65 | 1176.05 to 1207.85 | -1.35% | 1.64 times |
| 16 Tue Apr 2024 | 1195.80 | 1191.00 to 1213.15 | -1.88% | 1.06 times |
| 15 Mon Apr 2024 | 1218.75 | 1211.00 to 1240.65 | -1.88% | 1.09 times |
| 12 Fri Apr 2024 | 1242.10 | 1238.00 to 1269.75 | -1.91% | 1.46 times |
| 10 Wed Apr 2024 | 1266.30 | 1252.00 to 1273.45 | 1.19% | 1.01 times |
| 09 Tue Apr 2024 | 1251.40 | 1242.75 to 1281.00 | -1.09% | 0.61 times |
| 08 Mon Apr 2024 | 1265.15 | 1256.10 to 1270.00 | 0.14% | 0.35 times |
| 05 Fri Apr 2024 | 1263.40 | 1260.20 to 1275.95 | -1.24% | 0.6 times |
| 04 Thu Apr 2024 | 1279.25 | 1246.90 to 1289.00 | 1.92% | 1.25 times |
| 03 Wed Apr 2024 | 1255.15 | 1240.00 to 1263.00 | 1.48% | 0.92 times |
| 02 Tue Apr 2024 | 1236.80 | 1235.10 to 1251.95 | -0.62% | 0.67 times |
Technical analysis forecast for Tech Mahindra Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Tech Mahindra Limited TECHM at this time. Stock is falling and might fall more.
It appears as if Tech Mahindra Limited TECHM gave a large move recently.
Stock of Tech Mahindra Limited (TECHM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Tech Mahindra Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Tech Mahindra Limited stays below 1213.8, but if it comes above 1213.8, then a intra day buy could be more profitable.
If you take a sell trade below 1213.8, then use 1213.8 as stoploss and 1181 as target. However if you take a buy trade in Tech Mahindra Limited, then use 1213.8 as stoploss and 1241.14 as target.