Stock analysis Tech Mahindra Limited TECHM
More indepth analysis on MunafaSutra.com
Recent prices of TECHM Tech Mahindra Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
10 Fri Jan 2025 | 1705.60 | 1636.30 to 1714.00 | 3.82% | 1.3 times |
09 Thu Jan 2025 | 1642.80 | 1638.20 to 1669.50 | -1.26% | 0.46 times |
08 Wed Jan 2025 | 1663.75 | 1634.00 to 1669.95 | -0.44% | 0.4 times |
07 Tue Jan 2025 | 1671.15 | 1661.50 to 1705.00 | -0.9% | 0.77 times |
06 Mon Jan 2025 | 1686.30 | 1675.00 to 1711.30 | -0.19% | 0.56 times |
03 Fri Jan 2025 | 1689.45 | 1681.35 to 1729.85 | -2.17% | 1.44 times |
02 Thu Jan 2025 | 1726.95 | 1696.00 to 1735.70 | 1.36% | 0.73 times |
01 Wed Jan 2025 | 1703.85 | 1691.25 to 1717.60 | -0.14% | 0.42 times |
31 Tue Dec 2024 | 1706.20 | 1682.45 to 1729.00 | -1.99% | 0.86 times |
30 Mon Dec 2024 | 1740.85 | 1693.80 to 1773.60 | 1.71% | 3.99 times |
27 Fri Dec 2024 | 1711.65 | 1698.70 to 1716.50 | 0.76% | 0.38 times |
26 Thu Dec 2024 | 1698.70 | 1690.65 to 1714.65 | -0.36% | 0.39 times |
Technical analysis forecast for Tech Mahindra Limited 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 Limited TECHM at this time. Stock is falling and might fall more.
It appears as if Tech Mahindra Limited TECHM gave a large move recently.
Stock of Tech Mahindra Limited (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 Limited is bearish for shortterm, and stock might move down till 1667.2 or till 1620.6. Use a stoploss of 1705.92 and if the stock hits stoploss, then it can shoot up till 1744.68