Signals, Powered By EquityPandit
M&M closed the previous week on a negative note losing 6.69%.
Technically, M&M share price will see immediate support at 1,927.58 and immediate resistance would be seen at 2,063.23.
If M&M share price closes below immediate support of 1,927.58, then sharp breakdown can be seen. M&M share price will see major support at 1,841.87 for the week.
On the positive side, immediate resistance will be seen at 2,063.23. Closing above 2,063.23, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 2,113.17 for the week.
Trading range for M&M share price for this week should be between 1,791.93 on down side and 2,198.88 on up side.
M&M Previous Week High: 2027.45
M&M Previous Week Low: 1891.8
M&M Previous Week Range: 135.65 Points
M&M share price support and resistance for the week (April 08, 2024 – April 12, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 2,198.88 |
| Resistance 2 | 2,113.17 |
| Resistance 1 | 2,063.23 |
| Support 1 | 1,927.58 |
| Support 2 | 1,841.87 |
| Support 3 | 1,791.93 |
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