Stock Radar: Tech Mahindra could rally over 20% in 8-12 months; stock hit fresh 52-week high in October

Tech Mahindra shares showed a significant breakout from a Rounding Bottom pattern in August 2024, sustaining above its neckline. Traders can look to buy the stock for a target above 2100 within the next 8-12 months, representing over 22% potential upside from Rs 1716 recorded in October 2024, based on technical analysis.