Technically, M&M share price will see immediate support at 1,523.58 and immediate resistance would be seen at 1,582.13.
If M&M share price closes below immediate support of 1,523.58, then sharp breakdown can be seen. M&M share price will see major support at 1,494.52 for the week.
On the positive side, immediate resistance will be seen at 1,582.13. Closing above 1,582.13, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,611.62 for the week.
Trading range for M&M share price for this week should be between 1,465.03 on down side and 1,640.68 on up side.
M&M Previous Week High: 1582.55
M&M Previous Week Low: 1524
M&M Previous Week Range: 58.55 Points
M&M share price support and resistance for the week (August 21, 2023 – August 25, 2023)
Level Type | Value |
---|---|
Resistance 3 | 1,640.68 |
Resistance 2 | 1,611.62 |
Resistance 1 | 1,582.13 |
Support 1 | 1,523.58 |
Support 2 | 1,494.52 |
Support 3 | 1,465.03 |