TECHM Outlook for the Week (December 23, 2024 – December 27, 2024)
Tech Mahindra closed the previous week on a negative note losing -5.99%.
Technically, Tech Mahindra share price will see immediate support at 1,646.27 and immediate resistance would be seen at 1,759.67.
If Tech Mahindra share price closes below immediate support of 1,646.27, then sharp breakdown can be seen. Tech Mahindra share price will see major support at 1,606.48 for the week.
On the positive side, immediate resistance will be seen at 1,759.67. Closing above 1,759.67, Tech Mahindra share price will see a sharp breakout. Major resistance for Tech Mahindra share price will be seen at 1,833.28 for the week.
Trading range for Tech Mahindra share price for this week should be between 1,532.87 on down side and 1,873.07 on up side.
Tech Mahindra Previous Week Open: 1793.5
Tech Mahindra Previous Week High: 1793.5
Tech Mahindra Previous Week Low: 1680.1
Tech Mahindra Previous Week Close: 1686.05
Tech Mahindra Previous Week Range: 113.4 Points
Tech Mahindra share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,873.07 |
| Resistance 2 | 1,833.28 |
| Resistance 1 | 1,759.67 |
| Support 1 | 1,646.27 |
| Support 2 | 1,606.48 |
| Support 3 | 1,532.87 |
