TECHM NEWS why is Tech Mahindra Limited price falling or rising

TECHM NEWS reasons for why stock price of Tech Mahindra Limited is falling or rising

TECHM Tech Mahindra is falling or rising technical reasons

Technical analysis forecast for Tech Mahindra 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 TECHM at this time. Stock is falling and might fall more.

It appears as if Tech Mahindra TECHM gave a large move recently.

Stock of Tech Mahindra (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 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Tech Mahindra stays below 1661.6, but if it comes above 1661.6, then a intra day buy could be more profitable.
If you take a sell trade below 1661.6, then use 1661.6 as stoploss and 1630.1 as target. However if you take a buy trade in Tech Mahindra, then use 1661.6 as stoploss and 1687.92 as target.

TECHM Tech Mahindra is falling or rising NEWS fundamental reasons

Tech Mahindra Q3 Results: Profit soars by 93%; revenue grows 1.4% year-on-year - NEWS as on 2025-01-17 indiatimes.com

Tech Mahindra Share Price Live Updates: Tech Mahindra's Market Performance - NEWS as on 2025-01-17 indiatimes.com

Tech Mahindra Q3 results preview: PAT could jump by up to 102% YoY amid healthy uptick in margins Tech Mahindra's Q3FY25 revenue is projected to increase by 0.7% to 2.6% YoY, with adjusted net profit potentially rising by 42% to 102%. Analysts focus on communications, media & entertainment (CME), and BFS verticals for growth and margin improvement, - NEWS as on 2025-01-16 indiatimes.com

Company Announcement Tech Mahindra Limited has informed the Exchange about Schedule of meet - NEWS as on 2025-01-07

Company Announcement Tech Mahindra Limited has informed the Exchange about Issue of Duplicate Share Certificate - NEWS as on 2024-12-13

Company Announcement Tech Mahindra Limited has informed the Exchange about Amalgamation/Merger - NEWS as on 2024-12-11

Company Announcement - NEWS as on 2024-12-03

TECHM announced a dividend of Rupees 15 per share, which makes a dividend yield of 0.93 based on current price. Effective date of this dividend is 31 Thu Oct 2024 - NEWS as on 2024-10-31 MunafaSutra.com

TECHM announced a dividend of Rupees 15 per share, which makes a dividend yield of 0.89 based on current price. Effective date of this dividend is 31 Thu Oct 2024 - NEWS as on 2024-10-30 MunafaSutra.com

TECHM announced a dividend of Rupees 15 per share, which makes a dividend yield of 0.88 based on current price. Effective date of this dividend is 31 Thu Oct 2024 - NEWS as on 2024-10-28 MunafaSutra.com

Company Announcement Tech Mahindra Limited has informed the Exchange about change in Management - NEWS as on 2024-10-21

More announcements and NEWS

TECHM Tech Mahindra Limited current price & indicator signals

Moving Averages for Tech Mahindra Limited

  • 5Day Average: 1666.21
  • 12Day Average: 1670.81
  • 20Day Average: 1687.76
  • 50Day Average: 1718.42
  • 100Day Average: 1681.9
  • 150Day Average: 1627.64
  • 200Day Average: 1542.29

TECHM Indicators & signals

Indicator MACD (12,26,9)

1676.77, 1693.7, -15.75
Indicator MACD is in negative zone

Indicator ADX (14)

6.13, 19.96, 17.65
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TECHM Tech Mahindra Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri Jan 2025 1660.30 1650.40 to 1699.90 -1.62% 1.71 times
16 Thu Jan 2025 1687.65 1670.95 to 1722.85 0.7% 1.6 times
15 Wed Jan 2025 1675.95 1650.15 to 1679.00 1.73% 0.74 times
14 Tue Jan 2025 1647.50 1621.30 to 1670.45 -0.73% 1.7 times
13 Mon Jan 2025 1659.65 1649.90 to 1701.00 0% 0.96 times
13 Mon Jan 2025 1659.65 1649.90 to 1701.00 -2.69% 0.96 times
10 Fri Jan 2025 1705.60 1636.30 to 1714.00 3.82% 1.51 times
09 Thu Jan 2025 1642.80 1638.20 to 1669.50 -1.26% 0.53 times
08 Wed Jan 2025 1663.75 1634.00 to 1669.95 -0.44% 0.46 times
07 Tue Jan 2025 1671.15 1661.50 to 1705.00 -0.9% 0.89 times
06 Mon Jan 2025 1686.30 1675.00 to 1711.30 -0.19% 0.65 times
03 Fri Jan 2025 1689.45 1681.35 to 1729.85 -2.17% 1.68 times

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