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Technically, M&M share price will see immediate support at 1,500.50 and immediate resistance would be seen at 1,547.30.
If M&M share price closes below immediate support of 1,500.50, then sharp breakdown can be seen. M&M share price will see major support at 1,480.95 for the week.
On the positive side, immediate resistance will be seen at 1,547.30. Closing above 1,547.30, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,574.55 for the week.
Trading range for M&M share price for this week should be between 1,453.70 on down side and 1,594.10 on up side.
M&M Previous Week High: 1555
M&M Previous Week Low: 1508.2
M&M Previous Week Range: 46.8 Points
M&M share price support and resistance for the week (August 28, 2023 – September 01, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,594.10 |
| Resistance 2 | 1,574.55 |
| Resistance 1 | 1,547.30 |
| Support 1 | 1,500.50 |
| Support 2 | 1,480.95 |
| Support 3 | 1,453.70 |
