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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (February 19, 2024 – February 23, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 12.94%.

Technically, M&M share price will see immediate support at 1,684.45 and immediate resistance would be seen at 1,925.65.

If M&M share price closes below immediate support of 1,684.45, then sharp breakdown can be seen. M&M share price will see major support at 1,533.35 for the week.

On the positive side, immediate resistance will be seen at 1,925.65. Closing above 1,925.65, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 2,015.75 for the week.

Trading range for M&M share price for this week should be between 1,443.25 on down side and 2,166.85 on up side.

M&M Previous Week High: 1864.65

M&M Previous Week Low: 1623.45

M&M Previous Week Range: 241.2 Points

M&M share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 2,166.85
Resistance 2 2,015.75
Resistance 1 1,925.65
Support 1 1,684.45
Support 2 1,533.35
Support 3 1,443.25
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