Fundamentals Tech Mahindra reported a stable quarter with moderate revenue growth supported by demand in digital services and network transformation. Profitability expanded on improved operating efficiencies and better utilization. Order book trends remain healthy, with large deal wins in digital, cloud and telecom segments. Management commentary reflects steady demand in enterprise tech and 5G-related services, maintaining a positive industry positioning. Technical Analysis The daily chart is strong and structurally bullish: Breakout of long-term trend line and bullish flag pattern suggests trend resumption. Price is trading above both 50 DMA and 200 DMA, indicating sustained medium and long-term uptrend. RSI is above 60, showing healthy momentum without overbought stress. MACD is bullish and above signal, confirming positive momentum. Short-term structure is up with higher highs and higher lows. Overall, key technical signals align with an upward continuation bias. Trade Setup Buy Zone: ₹1,655–₹1,680 Target: ₹1,800 Stop-Loss: Below ₹1,585 A disciplined entry near support improves risk/reward, while the breakout structure favours continuation.

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