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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
17 Fri Sep 1451.55 1451.00 1472.00 1436.60 28.62 lakhs
16 Thu Sep 1448.35 1464.85 1469.00 1440.00 18 lakhs
15 Wed Sep 1464.85 1442.10 1480.00 1437.95 24.1 lakhs
14 Tue Sep 1452.05 1435.00 1457.00 1429.50 15.55 lakhs
13 Mon Sep 1429.50 1436.00 1439.80 1420.35 19.37 lakhs
TECHM chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1458 as stoploss in an intra day sell trade for a target of 1441.16. However, stock will show a bullish move above 1458.

  • 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 1477.60 as on 20 Mon Sep 9:55

Day open is at 1440.00, day high is at 1493.15, day low is at 1435.00, and day volume is at 46.28 lakhs so far.

First 15 minute high low range is 1435.00 - 1463.90

First hour high low range is 1435.00 - 1493.15

Date Intraday Price Open High Low Volume
20 Mon Sep 9:55 1477.60 1440.00 1493.15 1435.00 985365
20 Mon Sep 9:50 1479.30 1440.00 1493.15 1435.00 931669
20 Mon Sep 9:45 1482.90 1440.00 1493.15 1435.00 860565
20 Mon Sep 9:40 1477.05 1440.00 1493.15 1435.00 748986
20 Mon Sep 9:35 1486.80 1440.00 1493.15 1435.00 597776
Intraday TECHM chart

Prices of Tech Mahindra are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Tech Mahindra (TECHM) intraday stock price targets

  • EntEntry: 1449.45 or 1458.0375
  • Upside target: 1463.9
  • Downside target : 1406.1
  • Second Upside target: 1479.48
  • Second Downside target : 1444.08

Tech Mahindra (TECHM) weekly technical analysis

Date Weekly Close Open Range Volume
17 Fri Sep 1451.55 1436.00 1420.35
1480.00
105.64 lakhs
09 Thu Sep 1433.25 1448.00 1414.00
1472.90
83.011 lakhs
03 Fri Sep 1441.95 1450.00 1406.95
1468.25
167.462 lakhs
27 Fri Aug 1445.40 1415.45 1409.00
1478.00
175.519 lakhs
20 Fri Aug 1399.20 1381.95 1360.25
1428.80
179.465 lakhs
weekly TECHM chart

Weekly forecast of Tech Mahindra is positive. Buyers dominated the stock this week, and this trend might continue for a few days

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
17 Fri Sep 1451.55 1450.00 1414.00
1480.00
264.756 lakhs
31 Tue Aug 1447.65 1210.00 1195.55
1478.00
909.503 lakhs
30 Fri Jul 1209.55 1096.00 1030.10
1237.30
758.715 lakhs
30 Wed Jun 1095.45 1024.70 994.00
1109.40
653.646 lakhs
31 Mon May 1021.65 960.00 941.40
1033.00
527.998 lakhs
monthly TECHM chart

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 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.

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: 1493.45
  • Downside daily target: 1421.23

Tech Mahindra Weekly stock price targets

  • Upside weekly target: 1496.2
  • Downside weekly target: 1404.26
  • Downside weekly target: 1324.58
  • Downside weekly target: 1251.54
  • Downside weekly target: 1178
  • Downside weekly target: 1105.5

Tech Mahindra Monthly stock price targets

  • Upside monthly target: 1604.05
  • Upside monthly target: 1498.78
  • Downside monthly target: 1399.8
  • Downside monthly target: 1327.03
  • Downside monthly target: 1178.56
  • Downside monthly target: 1119.83
  • Downside monthly target: 1044.73
  • Downside monthly target: 988.74
  • Downside monthly target: 922.43
  • Downside monthly target: 864.83

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 SELL signal for Tech Mahindra in short term but the sell signal is initial and weak.

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. 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 buy signal for Tech Mahindra in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 1444.62 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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chart TECHM