Technically, Tech Mahindra share price will see immediate support at 1,196.20 and immediate resistance would be seen at 1,232.20.
If Tech Mahindra share price closes below immediate support of 1,196.20, then sharp breakdown can be seen. Tech Mahindra share price will see major support at 1,181.60 for the week.
On the positive side, immediate resistance will be seen at 1,232.20. Closing above 1,232.20, Tech Mahindra share price will see a sharp breakout. Major resistance for Tech Mahindra share price will be seen at 1,253.60 for the week.
Trading range for Tech Mahindra share price for this week should be between 1,160.20 on down side and 1,268.20 on up side.
Tech Mahindra Previous Week High: 1239
Tech Mahindra Previous Week Low: 1203
Tech Mahindra Previous Week Range: 36 Points
Tech Mahindra share price support and resistance for the week (August 21, 2023 – August 25, 2023)
Level Type | Value |
---|---|
Resistance 3 | 1,268.20 |
Resistance 2 | 1,253.60 |
Resistance 1 | 1,232.20 |
Support 1 | 1,196.20 |
Support 2 | 1,181.60 |
Support 3 | 1,160.20 |