At Support - Weekly Chart - TECHM📊 Script: TECHM
📊 Industry: IT - Software (Computers - Software & Consulting)
Key highlights: 💡⚡
📈On Weekly Chart Script is forming symmetrical triangle and trading near support line.
📈 Script is trading at upper band of BB.
📈 MACD and Double Moving Averages are giving Crossover
📈 Right now RSI is around 58.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1547
🟢 Target 🎯🏆 - 1612 / 1655
⚠️ Stoploss ☠️🚫 - 1499
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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TECHM trade ideas
Tech Mahindra Consolidates in a Wedge After Strong Support at KeTopic Statement:
TechM has been stuck in a consolidation zone, rebounding from strong support levels and forming a wedge pattern that may signal an upcoming breakout.
Key Points:
* The stock corrected up to the 30% Fibonacci retracement level, finding strong support around 1314
* It touched the 200-day moving average, which acted as a support and triggered a rebound
* The candlestick formation resembles a wedge, clearly marked on the chart with blue trend lines, indicating potential for a decisive move ahead
TechMPrice is having trend line support and moving in a steady uptrend.1700 - 1720 is the trend deciding zone. Sustaining above this is important to continue the uptrend.
Buy above 1722 with the stop loss 1704 for the targets 1736, 1758, 1774 and 1796.
Always do your own analysis before taking any trade.
Wave 3 Setup Building in TECH MAHINDRA?After completing Wave 4, TECHM has started a new impulsive structure. Wave was followed by a clear A-B-C flat correction, forming Wave near the demand zone. The recent breakout indicates the beginning of Wave 1 of a larger Wave 3.
Supporting signals:
Strong volume during impulsive rallies.
RSI is rising but not yet in the overbought zone, indicating room for further upside.
Price is currently near the previous supply zone around ₹1712. A retracement toward the 0.382–0.236 Fibonacci levels (₹1640–₹1665) is expected before a further move higher in Wave 3.
Important levels:
Resistance: ₹1712
Retracement support zone: ₹1640–₹1665
Stop loss / invalidation: ₹1535
The current structure remains valid as long as price holds above ₹1535.
Chart will be updated as price action evolves.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
TECHM | Cup and Handle | Breakout | Daily
### 🏆 Pattern: **Cup & Handle Breakout**
* **Cup Formation**: Rounded bottom from Jan to April 2025.
* **Handle**: A bullish flag/pennant formed after the initial breakout near ₹1640 zone.
* Breakout is now **confirmed** with price pushing past the handle resistance.
---
### 📈 Price Target:
* Cup depth = ₹394.60
* Breakout level = ₹1640
* **Projected Target** = ₹2033
→ **24% upside** from breakout zone
---
### 📊 Volume & RSI Confirmation:
* **Volume** increased on breakout = Bullish conviction ✅
* **RSI** broke out of falling wedge and is rising again toward overbought = momentum strength ✅
---
### 🎯 Summary:
> TECHM is breaking out of a **classic bullish Cup and Handle** with strong volume and RSI confirmation. As long as price sustains above ₹1640, the next leg towards ₹2030 may be in play.
---
TCh M is ready to break out?Today we see up trend in IT sector. Infy almost move up arround 11%. Nifty and Banknifty closed in uptrend, It showed bull run at time of closing.
Tech Mahindra on hourly timeframe showing flat pattern, we can expected up move after TchM break 1600 and price remain above.
1st resistance at 1660 and 2nd resistance 1700.
Tech Mahindra LimitedTech Mahindra Limited is a leading Indian multinational information technology (IT) services and consulting company, part of the Mahindra Group. Headquartered in Pune, Maharashtra, with its registered office in Mumbai, the company operates globally, offering a wide range of services across various industries.
🏢 Company Overview
Founded: October 24, 1986, as Mahindra British Telecom, a joint venture between Mahindra & Mahindra and British Telecommunications.
Headquarters: Pune, Maharashtra, India.
Global Presence: Operations in over 90 countries, serving more than 1,100 clients worldwide.
Employees: Approximately 148,731 as of March 2025.
Leadership:
Chairman: Anand Mahindra.
Managing Director & CEO: Mohit Joshi (appointed in December 2023).
Stock Listings: Listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India; part of the NIFTY 50 index.
💼 Business Segments
Tech Mahindra offers a comprehensive suite of services, including:
Digital Transformation & Consulting: Helping businesses modernize and innovate their operations.
Enterprise Applications: Implementing and managing enterprise software solutions.
Engineering Services: Providing design and development services across industries.
Network Services: Offering network design, implementation, and management.
Customer Experience & Design Services: Enhancing user experiences through design thinking.
AI & Analytics: Leveraging artificial intelligence and data analytics for business insights.
Cloud & Infrastructure Services: Delivering cloud computing solutions and IT infrastructure management.
Business Process Services (BPS): Outsourcing business processes to improve efficiency.
The company serves various industries, including telecommunications, banking, financial services, insurance (BFSI), healthcare, manufacturing, and retail.
Reuters
📈 Financial Highlights
Revenue: As of the fiscal year ending March 31, 2025, Tech Mahindra reported consolidated revenues (specific figures not provided in the available sources).
Net Income: In Q4 FY2025, the company reported a consolidated profit after tax (PAT) of ₹1,166.7 crore, marking a 76.5% year-on-year increase.
Strategic Focus: Under CEO Mohit Joshi, Tech Mahindra aims to increase its revenue share from the BFSI sector from the current 16% to 25% by March 2027.
🧩 Key Developments
Merger with Mahindra Satyam: In 2013, Tech Mahindra merged with Mahindra Satyam (formerly Satyam Computer Services), enhancing its capabilities and market position.
Acquisitions: The company has made several strategic acquisitions to bolster its service offerings, including the acquisition of Pininfarina (automotive and industrial design), SOFGEN Holdings (financial services IT), and The HCI Group (healthcare IT consulting).
Leadership Transition: In December 2023, Mohit Joshi, formerly with Infosys, took over as CEO and MD, succeeding C. P. Gurnani.
🌐 Global Presence
Tech Mahindra operates in over 90 countries, with a significant presence in North America, Europe, Asia-Pacific, and the Middle East. The company serves a diverse clientele, including Fortune 500 companies, across various sectors.
TECH Mahindra LTD
#TECHM Perfect retest of Second Target.
Entry: 1160
Target: 1317/1425/1570/1670/1800
Here are the key 4-hour support and resistance levels for Tech Mahindra Ltd. (TECHM) based on recent technical data:
🔹 4-Hour Support Levels
S1: ₹1,589.75
S2: ₹1,575.45
S3: ₹1,554.75
If the price falls below ₹1,589.75, the next support levels to watch are ₹1,575.45 and ₹1,554.75.
🔸 4-Hour Resistance Levels
R1: ₹1,624.75
R2: ₹1,645.45
R3: ₹1,659.75
If the price rises above ₹1,624.75, the next resistance levels are ₹1,645.45 and ₹1,659.75.
Tech Mahindra Q4 Earnings Highlights: #TECHM
Tech Mahindra Q4 Earnings Highlights: #TECHM
• Net Profit: ₹1,166.7 Cr-
Up 18.7% QoQ (vs *983.2 Cr) •
Revenue: *13,384 Cr - Up 0.7% QoQ (vs *13,285.6 Cr)
⚫ EBITDA: *1,378 Cr-Grows 2.1% QoQ (vs *1,350.2 Cr)
⚫ EBITDA Margin: 10.3%, Slightly Up from 10.2% QoQ
Technical Analysis Summary:
The stock made a recent high of ₹1,810.
*1,210.
It was in a downtrend but has reversed from a strong support level at
Currently trading at ₹1,445, the stock has formed a Doji candle, indicating a balance between buying and selling pressure.
A break below *1,430-₹1,425 may signal increased selling pressure and potential downward movement.
Conversely, a break above ₹1,465-₹1,470 may trigger buying momentum
and a potential upward move.
Tech Mahindra Bearish View Till Blue Line Price Achieved**Tech Mahindra** is a leading Indian multinational company providing **IT services** and **business process outsourcing (BPO)**. It is part of the **Mahindra Group** and specializes in **digital transformation**, **consulting**, and **business re-engineering**. Tech Mahindra has a strong presence in the **telecom**, **banking**, **healthcare**, **manufacturing**, and **automotive** sectors.
---
## **Key Facts**
- **Founded:** 1986 (as Mahindra British Telecom)
- **Founder:** Anand Mahindra
- **Headquarters:** Pune, Maharashtra, India
- **Chairman:** Anand Mahindra
- **CEO & MD:** Mohit Joshi (since 2023)
- **Employees:** Over 145,000 globally
- **Revenue:** Over **$6.5 billion** (FY 2023)
- **Stock Listings:**
- NSE: TECHM
- BSE: 532755
---
## **Services and Offerings**
### 💻 **IT and Business Services**
- Application development and maintenance
- IT infrastructure management
- Cloud and hybrid cloud solutions
- Cybersecurity and risk management
- Data and analytics
---
### 🌐 **Digital Transformation**
- Artificial intelligence (AI) and machine learning (ML)
- Internet of Things (IoT)
- Blockchain solutions
- Automation and robotic process automation (RPA)
- Digital experience and customer engagement
---
### 📡 **Telecom and Networking**
- 5G network deployment and management
- Network infrastructure and design
- Mobile network solutions (for telecom operators)
- OSS/BSS (Operational Support Systems/Business Support Systems)
---
### 🏢 **Enterprise Solutions**
- **SAP** and **Oracle** implementation
- CRM (Customer Relationship Management)
- Supply chain and logistics management
- Financial services and payment systems
---
### 🤖 **Engineering and R&D Services**
- Product lifecycle management (PLM)
- Embedded systems and automotive design
- Aerospace and defense solutions
- Smart manufacturing
---
## **Key Products and Platforms**
- **TechM NXT.NOW** – Digital transformation framework
- **Makers Lab** – Innovation hubs for AI, blockchain, and ML
- **netOps.ai** – AI-driven network automation platform
- **iDecisions** – Business intelligence platform
- **AssistEdge** – Automation platform for customer service
---
## **Global Presence**
Tech Mahindra operates in over **90 countries**, with major delivery centers in:
🌍 **North America** – USA and Canada
🌍 **Europe** – UK, Germany, Netherlands
🌍 **Asia-Pacific** – India, Australia, Singapore
🌍 **Middle East** – UAE, Saudi Arabia
🌍 **Africa** – South Africa, Nigeria
---
## **Achievements and Recognition**
✅ Among the **top 5 IT services companies** in India
✅ Largest provider of IT services to **telecom** companies globally
✅ Recognized for **AI** and **automation** solutions
✅ Partner to over **750+ global clients**
---
## **Key Competitors**
- **Tata Consultancy Services (TCS)** – Market leader in IT services
- **Infosys** – Strong competitor in consulting and cloud solutions
- **HCLTech** – Competes in engineering and cloud solutions
- **Wipro** – Rival in digital transformation and BPO
---
## **Sustainability and CSR**
🌿 Commitment to **carbon neutrality** by **2030**
🌿 Focus on **green data centers** and **renewable energy**
🌿 **Mahindra Hariyali** – Tree plantation and environmental protection initiative
---
## **Business Strategy Highlights**
🚀 Strengthening position in **5G** and **networking**
🚀 Expanding in **healthcare** and **automotive** sectors
🚀 Investing in **AI**, **blockchain**, and **cybersecurity**
🚀 Growing focus on **cloud-first** and **digital-first** strategies
---
Want to explore more about their services or financial performance? 😎
Tech Mahindra LtdTech Mahindra Ltd provides comprehensive range of IT services.The company provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design services, AI & analytics, and cloud & infrastructure services. Breakout june,2024 at 1419 & Breakout traget almost complet . Right now price near Breakout retest area & also weekly lower Bollinger Band out side. I will wait for a breakout retest .Right now Indian Market not supporting any long positionat this moment, but theTech Mahindra Ltd chat looks very attractive. however I am sharing with you all. i hope you will like this publication. Thanks for watching & visit again.
Tech Mahindra Ltd.### **Comprehensive Analysis of Tech Mahindra Ltd (NSE: TECHM)**
#### **1. Fundamental Analysis:**
**Overview:**
Tech Mahindra Ltd, a part of the Mahindra Group, is a leading global provider of digital transformation, consulting, and business re-engineering services. It offers services in areas such as IT services, enterprise applications, cloud computing, artificial intelligence, and cybersecurity. Tech Mahindra operates across various industries, including telecommunications, retail, manufacturing, banking, and healthcare.
**Key Financials (as of latest available data):**
- **Market Capitalization**: ₹1,08,500 crore (as of Feb 2025)
- **Revenue Growth**: Tech Mahindra has demonstrated steady revenue growth, with notable expansion in digital services, including cloud and AI solutions. The company has benefitted from strong demand for its digital transformation and automation offerings.
- **Profitability**: The company maintains a solid profitability margin, and its net profit has grown consistently over recent quarters, driven by increasing demand from key clients and strategic acquisitions.
- **Debt Levels**: Tech Mahindra has a relatively healthy balance sheet with a low debt-to-equity ratio, which allows for financial flexibility. The company’s cash flow is strong, helping to fund growth initiatives.
**Recent Developments:**
- **Acquisitions and Strategic Partnerships**: Tech Mahindra has made several strategic acquisitions to expand its digital services portfolio. Recent acquisitions in cloud, cybersecurity, and AI space aim to further strengthen its position in the digital transformation market.
- **Client Base and Geographic Expansion**: The company has strengthened its position in key markets like North America, Europe, and Asia, expanding its client base through strategic partnerships with telecom and retail giants.
- **Focus on Telecom & 5G**: Tech Mahindra’s deep-rooted expertise in the telecommunications sector has positioned it well to take advantage of 5G rollouts globally, which is expected to be a growth driver for the company in the coming years.
**Key Strengths:**
- Strong brand reputation with a wide array of IT services.
- Extensive client base across diverse industries and geographies.
- Expertise in emerging technologies like AI, cloud computing, and 5G.
- Strong management with a focus on digital transformation and innovation.
**Risks:**
- **Competition**: Tech Mahindra faces intense competition from global IT services giants like Tata Consultancy Services (TCS), Infosys, and Wipro. Competitive pressure could impact profitability and growth rates.
- **Currency Fluctuations**: Being an export-oriented company, Tech Mahindra is susceptible to fluctuations in the currency markets, especially the INR/USD exchange rate, which can affect margins.
- **Geopolitical Risks**: Tech Mahindra’s operations in multiple regions expose it to geopolitical risks, which can affect business continuity and market conditions.
---
#### **2. Technical Analysis:**
**Current Price Action (as of February 2025):**
- **Stock Price**: ₹1,210 (as of Feb 2025)
- **52-week High/Low**: ₹1,400 (High) – ₹1,020 (Low)
- **Recent Trend**: Tech Mahindra has been in a consolidation phase after a strong rally in 2023. The stock has recently tested the ₹1,200 mark and could either break out to the upside or face further corrections, depending on broader market conditions.
**Moving Averages:**
- **50-Day Moving Average (50-DMA)**: ₹1,225
- **200-Day Moving Average (200-DMA)**: ₹1,275
- Tech Mahindra is trading just below its 50-DMA and 200-DMA, suggesting that the stock may be in a short-term downtrend. However, a crossover above the 50-DMA could signal a potential bullish reversal.
**Relative Strength Index (RSI):**
- RSI is at **48**, which indicates the stock is neither overbought nor oversold, showing that the stock has room to move in either direction. An RSI above 70 would indicate overbought conditions, while an RSI below 30 would indicate oversold conditions.
**MACD (Moving Average Convergence Divergence):**
- The MACD line is currently below the signal line, which suggests a bearish trend in the short term. A cross above the signal line could indicate a change in momentum towards the upside.
**Volume Analysis:**
- The volume has been steady in recent weeks, with occasional spikes during periods of price movement. A breakout above the current resistance could be confirmed by an increase in volume, signaling a strong upward trend.
---
#### **3. Support and Resistance Levels:**
**Support Levels:**
- **₹1,150-1,160**: This zone has historically acted as strong support for the stock. If the stock faces downward pressure, this level could prevent further declines.
- **₹1,100**: A secondary support level exists around ₹1,100, which could serve as a critical level for the stock in the event of deeper corrections.
**Resistance Levels:**
- **₹1,250-1,270**: The immediate resistance lies around ₹1,250-1,270, which is near the 200-DMA. A breakout above this level could trigger an upward move towards higher levels.
- **₹1,350-1,400**: The stock faces stronger resistance near ₹1,350-1,400, which corresponds to its 52-week highs. A break above this zone could lead to a more sustained bullish rally.
**Key Levels to Watch for Short-Term Movement:**
- **Immediate Resistance**: ₹1,250 (50-DMA)
- **Immediate Support**: ₹1,150 (recent low)
---
#### **4. Risk and Reward Outlook:**
**Risk Factors:**
- **Global Economic Uncertainty**: Economic slowdowns in key markets like the U.S. and Europe could impact demand for Tech Mahindra's services, especially in sectors like banking and telecom.
- **Currency Volatility**: The company’s exposure to forex risks, particularly with the USD and INR, can impact margins.
- **Regulatory Risks**: Any changes in data privacy or cybersecurity laws in regions like the U.S. and EU could potentially affect Tech Mahindra’s business operations and compliance costs.
**Reward Potential:**
- **Growth in Digital Services**: The global shift towards digital transformation provides Tech Mahindra with a solid growth outlook, particularly in AI, cloud computing, and telecom-related services (e.g., 5G).
- **Strong Market Position**: As a leading player in the telecom and IT services sector, Tech Mahindra stands to benefit from the continued demand for automation, cloud computing, and cybersecurity services.
---
#### **5. Investment Recommendation:**
- **Long-Term Investors**: Tech Mahindra is well-positioned for long-term growth, particularly with its strong presence in emerging technologies like AI, cloud, and 5G. Investors looking for exposure to the digital transformation theme could consider holding Tech Mahindra for the long term, especially if the stock pulls back to levels closer to ₹1,150-1,160.
- **Short-Term Traders**: For short-term traders, a breakout above **₹1,250-1,270** could signal the start of a short-term rally toward ₹1,350-1,400. Traders should monitor for volume confirmation during any breakouts above resistance levels.
---
### **Disclaimer:**
The information and analysis provided here are for educational and informational purposes only. We are not registered with SEBI (Securities and Exchange Board of India) or any other regulatory body, and this should not be construed as investment advice. Stock market investments are subject to market risks, and past performance is not indicative of future results. Before making any investment decisions, it is important to conduct thorough research, seek advice from a certified financial advisor, and understand your risk tolerance. The views expressed are based on publicly available data and personal analysis and may not necessarily reflect the views of other professionals or organizations.
Tech Mahindra Ltd.#TECHM on a breakout.
Entry: 1160
SL: 1120
Target: 1315/ 1425/1570/1700/1800
Check BIO for any help.
Comment stocks below for review.
Happy Trading!!!
Tech Mahindra is forecast to grow earnings and revenue by 23.9% and 7.7% per annum respectively. EPS is expected to grow by 23.8% per annum. Return on equity is forecast to be 29.3% in 3 years
TECH MAHINDRA - Good formations | Bullish OutlookPrice Analysis & Overview:
1. Prices are in uptrend. Forming HH-HL.
2. 1500 can be an immediate hurdle.
3. RRR is okay, but there might be chances for a better entry price than CMP on a pullback.
4. Good volume strength.
5. Expecting ATH breakout.
Trade Plan:
1. ENTRY = CMP (1430)
2. SL = 10 % (1300)
3. TARGET = 1:2,1:3,1:4
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
TechM Trade AlertTechnical Analysis:
Trading Above 20 EMA : good for short term
Trading Above 200 EMA : goof for Positional as well
Take reversal from support few days back with good volume
After Breakout from channel take support of channel as well
Good Volume
Trading Setup
Buy if dont go negative on open at cmp
Target would be :1750-1800-1850
short Term SL would be : 1675
For Positional trade SL would be : 1630