Tech Mahindra (TECHM) Technical (Analysis) Reports Tech Mahindra ["Technical Analysis"] Reports -NSE Stock Exchange munafasutra.com
Complete & easy to understand technical analysis of Tech Mahindra (TECHM)
Technical Analysis Report for NSE stock TECHM Tech Mahindra. Dated: 18 Apr 2024 Updated Daily. Stock trades under IT Consulting & Software in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock TECHM Tech Mahindra then click here. or read Experts views on Tech Mahindra or Forecast & share price targets of Tech Mahindra
Tech Mahindra Opened at 1199.55 and Closed at: 1179.65, which is -1.37% of previous session's close. It moved within a range of 1176.05 and 1207.85
The session was a Bearish session with an average volume of 3242357, which is 35.68% of previous session's volumes.
- The stock has fallen, and its short term trend is also negative and in a downtrend.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
- Even though the stock has fallen, but its long term trend is positive and in an uptrend.
Support for tomorrow is 1161.95 and resistance for tomorrow is 1193.75
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 1167.85, 1156.05 resistance for tomorrow's hourly charts is 1199.65, 1219.65
10 Day SMA for Tech Mahindra (TECHM) is 1241.7 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Tech Mahindra (TECHM) is 1249.46 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Tech Mahindra (TECHM) is 1279.52 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 1277.05 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Tech Mahindra is 1236.27 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Tech Mahindra is at 1249.46 and 200 DMA is at 1236.27, while 50 DMA and 100 DMA are at 1279.52 and 1277.05 respectively
Tech Mahindra (TECHM) moving average of 20 SMA is at 1249.46 and 20 EMA is at 1246.14
| Date | Closing Price | 20 SMA | 20 EMA |
| 18 Thu Apr | 1179.65 | 1249.46 | 1246.14 |
| 16 Tue Apr | 1195.80 | 1254.59 | 1253.14 |
| 15 Mon Apr | 1218.75 | 1259.46 | 1259.17 |
| 12 Fri Apr | 1242.10 | 1262.39 | 1263.42 |
| 10 Wed Apr | 1266.30 | 1264.9 | 1265.66 |
| 09 Tue Apr | 1251.40 | 1266.03 | 1265.59 |
Tech Mahindra (TECHM) moving average of 50 SMA is at 1279.52 and 50 EMA is at 1265.92
| Date | Closing Price | 50 SMA | 50 EMA |
| 18 Thu Apr | 1179.65 | 1279.52 | 1265.92 |
| 16 Tue Apr | 1195.80 | 1282.69 | 1269.44 |
| 15 Mon Apr | 1218.75 | 1285.02 | 1272.44 |
| 12 Fri Apr | 1242.10 | 1287.32 | 1274.63 |
| 10 Wed Apr | 1266.30 | 1288.83 | 1275.96 |
| 09 Tue Apr | 1251.40 | 1289.79 | 1276.35 |
Tech Mahindra (TECHM) moving average of 100 SMA is at 1277.05 and 100 EMA is at 1261.91
| Date | Closing Price | 100 SMA | 100 EMA |
| 18 Thu Apr | 1179.65 | 1277.05 | 1261.91 |
| 16 Tue Apr | 1195.80 | 1277.3 | 1263.57 |
| 15 Mon Apr | 1218.75 | 1277.46 | 1264.94 |
| 12 Fri Apr | 1242.10 | 1277.3 | 1265.87 |
| 10 Wed Apr | 1266.30 | 1276.95 | 1266.35 |
| 09 Tue Apr | 1251.40 | 1276.02 | 1266.35 |
Tech Mahindra (TECHM) moving average of 200 SMA is at 1236.27 and 200 EMA is at 1229.05
| Date | Closing Price | 200 SMA | 200 EMA |
| 18 Thu Apr | 1179.65 | 1236.27 | 1229.05 |
| 16 Tue Apr | 1195.80 | 1235.97 | 1229.55 |
| 15 Mon Apr | 1218.75 | 1235.55 | 1229.89 |
| 12 Fri Apr | 1242.10 | 1235.04 | 1230 |
| 10 Wed Apr | 1266.30 | 1234.42 | 1229.88 |
| 09 Tue Apr | 1251.40 | 1233.69 | 1229.51 |
Tech Mahindra has performed better than Hcl Technologies in short term. Holding Tech Mahindra could be a better choice for now!
Tech Mahindra has performed better than Infosys in short term. Holding Tech Mahindra could be a better choice for now!
Tata Consultancy has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Tata Consultancy, about 0.31% more returns!
Tech Mahindra has performed better than Wipro in short term. Holding Tech Mahindra could be a better choice for now!
Accelya Kale has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Accelya Kale, about 15.24% more returns!
Allied Digital has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Allied Digital, about 8.12% more returns!
Cigniti Technologies has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Cigniti Technologies, about 6.81% more returns!
Cyient has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Cyient, about 8.19% more returns!
Dynacons Systems has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Dynacons Systems, about 61.39% more returns!
Fcs Software has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Fcs Software, about 7.31% more returns!
Mphasis has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Mphasis, about 2.22% more returns!
Tech Mahindra has performed better than Oracle Financial in short term. Holding Tech Mahindra could be a better choice for now!
Tech Mahindra has performed better than Persistent Systems in short term. Holding Tech Mahindra could be a better choice for now!
Ramco Systems has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Ramco Systems, about 58.45% more returns!
Sasken Communication has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Sasken Communication, about 13.36% more returns!
Tech Mahindra has performed better than Sonata Software in short term. Holding Tech Mahindra could be a better choice for now!
Take Solutions has performed better than Tech Mahindra in short term. You could have earned much better returns by investing in Take Solutions, about 10.83% more returns!
Tech Mahindra Technical analysis of indicators
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.
ADX buy sell signal for Tech Mahindra stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Tech Mahindra in short term and the sell signal is strong.
Tech Mahindra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Tech Mahindra in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 1235.32 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock TECHM Tech Mahindra These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And TECHM Experts View which covers a lot of information including buying and selling signals
TECHM future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Tech Mahindra or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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