Signals, Powered By EquityPandit
M&M closed the previous week on a negative note losing 4.35%.
Technically, M&M share price will see immediate support at 2,022.37 and immediate resistance would be seen at 2,114.07.
If M&M share price closes below immediate support of 2,022.37, then sharp breakdown can be seen. M&M share price will see major support at 1,973.78 for the week.
On the positive side, immediate resistance will be seen at 2,114.07. Closing above 2,114.07, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 2,157.18 for the week.
Trading range for M&M share price for this week should be between 1,930.67 on down side and 2,205.77 on up side.
M&M Previous Week High: 2108.6
M&M Previous Week Low: 2016.9
M&M Previous Week Range: 91.7 Points
M&M share price support and resistance for the week (April 15, 2024 – April 19, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 2,205.77 |
| Resistance 2 | 2,157.18 |
| Resistance 1 | 2,114.07 |
| Support 1 | 2,022.37 |
| Support 2 | 1,973.78 |
| Support 3 | 1,930.67 |
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