2021 Tech Mahindra (TECHM) technical analysis [forecast] stock price targets
Tech Mahindra technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis
Tech Mahindra deals in IT Consulting & Software Tech Mahindra option chain analysis
| Date | Close | Open | High | Low | Volume |
| 16 Wed Jun | 1069.15 | 1070.00 | 1077.95 | 1055.00 | 18.82 lakhs |
| 15 Tue Jun | 1066.85 | 1069.25 | 1093.00 | 1061.65 | 34.84 lakhs |
| 14 Mon Jun | 1069.25 | 1073.00 | 1079.35 | 1058.00 | 27.58 lakhs |
| 11 Fri Jun | 1073.00 | 1064.90 | 1082.40 | 1054.90 | 49.89 lakhs |
| 10 Thu Jun | 1064.90 | 1059.70 | 1074.00 | 1056.50 | 39.34 lakhs |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1059.7, but if it comes below 1059.7, then a intra day sell could be more profitable.
If you take a sell trade below 1059.7, then use 1059.7 as stoploss and 1028.7 as target. However if you take a buy trade in stock , then use 1059.7 as stoploss and 1096.8 as target.
Daily Price action analysis of TECHM based on a short 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.
Daily Price action analysis of TECHM based on a short to mid 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.
Daily Price action analysis of TECHM based on a mid 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.
Intraday technical analysis of Tech Mahindra
Stock is trading at 1065.15 as on 17 Thu Jun 9:55
Day open is at 1059.95, day high is at 1068.65, day low is at 1057.05, and day volume is at 34.72 lakhs so far.
First 15 minute high low range is 1057.05 - 1068.65
First hour high low range is 1057.05 - 1068.65
| Date | Intraday Price | Open | High | Low | Volume |
| 17 Thu Jun 9:55 | 1065.15 | 1059.95 | 1068.65 | 1057.05 | 597555 |
| 17 Thu Jun 9:50 | 1064.90 | 1059.95 | 1068.65 | 1057.05 | 559491 |
| 17 Thu Jun 9:45 | 1059.10 | 1059.95 | 1068.65 | 1057.05 | 513123 |
| 17 Thu Jun 9:40 | 1059.80 | 1059.95 | 1068.65 | 1057.05 | 488604 |
| 17 Thu Jun 9:35 | 1061.20 | 1059.95 | 1068.65 | 1057.05 | 450026 |
Prices of Tech Mahindra are definitely rising in intraday. Look for buy opportunities.
Take a trade after 9:30am only.
Tech Mahindra (TECHM) intraday stock price targets
- EntEntry: 1062.85 or 1064.275
- Upside target: 1068.65
- Downside target : 1045.45
- Second Upside target: 1073.55
- Second Downside target : 1050.6
Tech Mahindra (TECHM) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 16 Wed Jun | 1069.15 | 1073.00 | 1055.00 1093.00 |
81.236 lakhs |
| 11 Fri Jun | 1073.00 | 1024.95 | 1019.45 1082.40 |
173.501 lakhs |
| 04 Fri Jun | 1019.20 | 1025.00 | 994.00 1032.00 |
126.572 lakhs |
| 28 Fri May | 1026.25 | 979.80 | 975.10 1033.00 |
147.971 lakhs |
| 21 Fri May | 980.50 | 954.00 | 943.00 986.30 |
97.384 lakhs |
Weekly forecast of Tech Mahindra is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.
Weekly Price action analysis of Tech Mahindra based on a short 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.
Weekly Price action analysis of Tech Mahindra based on a short to mid 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.
Tech Mahindra (TECHM) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 16 Wed Jun | 1069.15 | 1024.70 | 994.00 1093.00 |
363.291 lakhs |
| 31 Mon May | 1021.65 | 960.00 | 941.40 1033.00 |
527.998 lakhs |
| 30 Fri Apr | 960.40 | 1000.00 | 937.00 1059.05 |
883.949 lakhs |
| 31 Wed Mar | 991.45 | 935.45 | 926.35 1045.00 |
783.2 lakhs |
| 26 Fri Feb | 918.85 | 961.90 | 915.00 1019.20 |
821.733 lakhs |
Monthly forecast of Tech Mahindra is positive. Buyers dominated the stock this month, and this trend might continue for a few days
Monthly Price action analysis of Tech Mahindra based on a short 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.
Monthly Price action analysis of Tech Mahindra based on a short to mid 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.
Tech Mahindra Daily stock price targets
- Upside daily target: 1091.45
- Downside daily target: 1032.94
Tech Mahindra Weekly stock price targets
- Upside weekly target: 1109.18
- Downside weekly target: 1046.23
- Downside weekly target: 987.6
- Downside weekly target: 921.18
Tech Mahindra Monthly stock price targets
- Upside monthly target: 1130.58
- Upside monthly target: 1073.13
- Downside monthly target: 1021.48
- Downside monthly target: 969.03
- Downside monthly target: 922.43
- Downside monthly target: 865.29
- Downside monthly target: 797.58
- Downside monthly target: 757.23
Tech Mahindra (TECHM) most active calls puts options
- CE of strike 1080
- CE of strike 1100
- CE of strike 1060
- CE of strike 1120
- PE of strike 1060
- CE of strike 1140
- PE of strike 1020
- PE of strike 1000
- CE of strike 1200
- PE of strike 1040
- PE of strike 960
- CE of strike 1160
- CE of strike 1180
- PE of strike 980
- PE of strike 1080
- CE of strike 1220
- CE of strike 1040
- CE of strike 1000
- PE of strike 900
- PE of strike 940
- PE of strike 1100
- CE of strike 1280
- PE of strike 920
- CE of strike 1020
- CE of strike 980
- PE of strike 800
- PE of strike 1120
- CE of strike 960
- CE of strike 1240
- PE of strike 1300
Tech Mahindra (TECHM) indicators technical analysis
Price action analysis of Tech Mahindra (TECHM) based on a short 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Tech Mahindra in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Tech Mahindra in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1056.38 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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