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Technicals for Tech Mahindra Limited
By MusingTheNews
2025-04-25 20:57
Overall Technical outlook
Price Summary
Tech Mahindra Limited's stock started trading at 1455.4 on 2025-04-25, climbed to 1473.9, fell to 1375.0, and closed 0.45% up at 1462.0, with 8211258 shares traded. In the past year, the highest stock price was 1796.4, and the lowest was 1228.45. Future price predictions suggest a range between 1050.0 and 2000.0, with an average expected price of 1579.4884, as per 43 analysts.
Technicals
Support and Resistance: The price for TECHM is 1462.0, with support at 1438.3 and resistance at 1488.25. This suggests a range where 1438.3 acts as a base, preventing declines, and 1488.25 caps gains, defining key trading levels. Support/Resistance for TECHM
Aroon: Aroon's bullish trend continues, with Aroon Up at the 100 level, indicating sustained market strength for TECHM. This trend warrants further exploration alongside other indicators to fully understand its implications and potential future direction. Aroon chart for Tech Mahindra Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Tech Mahindra Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for TECHM. Parabolic Stop and Reverse chart for Tech Mahindra Limited
Stochastic: The stochastic indicator shows a bullish sentiment, with the K-line above both the D-line and the 80 level. This configuration indicates strong upward momentum, suggesting that TECHM may continue its upward trend. Traders might view this as a sign of sustained strength. Stochastic chart for Tech Mahindra Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for TECHM, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Tech Mahindra Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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