The short-term outlook is bullish for Tech Mahindra. The stock has surged about 8 per cent in the last two trading days. This rise has taken the share price well above a key resistance level of ₹1,650. It also indicates that the upmove in this stock is gaining momentum. The region between ₹1,670 and ₹1,650 will now act as a good support zone and limit the downside. Tech Mahindra share price can rise to ₹1,800 in the coming days. Traders can buy Tech Mahindra shares now at ₹1,718. Accumulate on dips at ₹1,675. Keep the stop-loss at ₹1,635 initially. Trail the stop-loss up to ₹1,730 as soon as the stock goes up to ₹1,745. Revise the stop-loss higher to ₹1,750 and ₹1,775 when the share price touches ₹1,765 and ₹1,790 respectively. Exit the long positions at ₹1,800.
Video Credit: Businessline
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
Published on January 20, 2026
