TECHM:NSETECH MAHINDRA FUTURES Analysis
Data as of 2026-09-02 - not real-time
₹1,638.00
Latest Price
4/10Risk
Risk Level: Medium
Executive Summary
Tech Mahindra Limited is priced at INR 1,638.00 and its moving averages line up in bullish order, the shorter sitting above the longer. The last 30 days have gained 3.9%. Relative strength is 59.6 — neutral — and the MACD signal is bearish. Price has been bracketed by support at INR 1,562.00 and resistance at INR 1,681.50.
The futures curve is in flat, with the curve offering little signal either way. Supply and demand read as tight.
On a 1-10 scale the risk profile lands at 4 — moderate. With 30-day volatility of 19.7%, a beta of -0.20 and a maximum drawdown of 24.7%, position sizing matters here. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
Near-term and long-term part ways here — buy short-term against hold longer out, with 3/10 conviction on the long call.
The futures curve is in flat, with the curve offering little signal either way. Supply and demand read as tight.
On a 1-10 scale the risk profile lands at 4 — moderate. With 30-day volatility of 19.7%, a beta of -0.20 and a maximum drawdown of 24.7%, position sizing matters here. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
Near-term and long-term part ways here — buy short-term against hold longer out, with 3/10 conviction on the long call.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 5/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 1513.91
- MACD momentum is negative
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 1513.91
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Maximum drawdown of 24.7%
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 19.7%
Key Metrics & Analysis
Commodity Metrics
Spot Price1638
Futures CurveFlat
Inventory LevelMedium
Supply/Demand RegimeTight
USD SensitivityMedium
Rates SensitivityMedium
Geopolitical SensitivityMedium
Technical Analysis
TrendBullish
RSI59.6
Support₹1,562.00
Resistance₹1,681.50
MA 20₹1,615.59
MA 50₹1,554.30
MA 200₹1,513.91
MACDBearish
VolumeDecreasing
Fear & Greed Index92.25
Risk Assessment
Beta-0.20
Volatility19.67%
Sector RiskHigh
Geo RiskMedium
Currency RiskHigh
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.