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2020 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
25 Fri Sep 772.35 755.05 777.35 748.65 69.87 lakhs
24 Thu Sep 751.85 787.95 787.95 747.55 59.29 lakhs
23 Wed Sep 793.05 812.45 812.45 783.10 60.92 lakhs
22 Tue Sep 800.45 793.00 811.00 772.00 90.54 lakhs
21 Mon Sep 787.25 807.00 830.00 784.30 107.89 lakhs
TECHM chart

My analysis of stock is bullish for shortterm, and stock might move up till 790.7 or till 818.6. Use a stoploss of 767.51 and if this stock hits its stoploss, then it can fall down till 744.3

  • Daily Price action analysis of 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

  • 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 772.35 as on 25 Fri Sep 15:33

Day open is at 755.05, day high is at 777.35, day low is at 748.65, and day volume is at 3473.81 lakhs so far.

First 15 minute high low range is 748.65 - 760.00

First hour high low range is 748.65 - 767.05

Date Intraday Price Open High Low Volume
25 Fri Sep 15:33 772.35 755.05 777.35 748.65 6985262
25 Fri Sep 15:29 774.45 755.05 777.35 748.65 6985262
25 Fri Sep 15:25 772.65 755.05 777.35 748.65 6934573
25 Fri Sep 15:20 772.20 755.05 777.35 748.65 6853416
25 Fri Sep 15:15 772.60 755.05 777.35 748.65 6781409
Intraday TECHM chart

Trend of Tech Mahindra is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Tech Mahindra (TECHM) intraday stock price targets

  • EntEntry: 754.33 or 768.925
  • Upside target: 760
  • Downside target : 737.3
  • Second Upside target: 789.2
  • Second Downside target : 760.5

Tech Mahindra (TECHM) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 772.35 807.00 747.55
830.00
388.502 lakhs
18 Fri Sep 804.65 770.15 770.00
811.45
335.141 lakhs
11 Fri Sep 765.15 749.70 734.05
770.60
202.996 lakhs
04 Fri Sep 748.20 759.70 722.70
774.70
218.171 lakhs
28 Fri Aug 752.35 734.95 714.35
758.35
175.605 lakhs
weekly TECHM chart

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
25 Fri Sep 772.35 739.00 722.70
830.00
1072.563 lakhs
31 Mon Aug 741.00 685.95 642.55
774.70
1084.151 lakhs
31 Fri Jul 681.65 544.00 536.05
702.75
1566.549 lakhs
30 Tue Jun 543.40 538.50 528.40
605.35
999.429 lakhs
29 Fri May 530.45 515.00 490.00
549.75
885.164 lakhs
monthly TECHM chart

Monthly forecast of Tech Mahindra is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Tech Mahindra Daily stock price targets

  • Upside daily target: 825.23
  • Upside daily target: 783.08
  • Downside daily target: 729.5

Tech Mahindra Weekly stock price targets

  • Upside weekly target: 828.78
  • Upside weekly target: 787.33
  • Downside weekly target: 749.6
  • Downside weekly target: 709.45
  • Downside weekly target: 674.7
  • Downside weekly target: 640.48

Tech Mahindra Monthly stock price targets

  • Upside monthly target: 854.83
  • Upside monthly target: 809
  • Downside monthly target: 763.6
  • Downside monthly target: 691.78
  • Downside monthly target: 655.8
  • Downside monthly target: 612.85
  • Downside monthly target: 573.08
  • Downside monthly target: 535.9
  • Downside monthly target: 510.23
  • Downside monthly target: 362.15

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 Weak 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. Bears are getting stronger in this stock.

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 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

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 787.59 and Tech Mahindra TECHM stock is trading below this level. This means that stock is falling with high volumes. 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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