Technically, M&M share price will see immediate support at 1,654.43 and immediate resistance would be seen at 1,767.53.
If M&M share price closes below immediate support of 1,654.43, then sharp breakdown can be seen. M&M share price will see major support at 1,583.92 for the week.
On the positive side, immediate resistance will be seen at 1,767.53. Closing above 1,767.53, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,810.12 for the week.
Trading range for M&M share price for this week should be between 1,541.33 on down side and 1,880.63 on up side.
M&M Previous Week High: 1739.6
M&M Previous Week Low: 1626.5
M&M Previous Week Range: 113.1 Points
M&M share price support and resistance for the week (December 18, 2023 – December 22, 2023)
Level Type | Value |
---|---|
Resistance 3 | 1,880.63 |
Resistance 2 | 1,810.12 |
Resistance 1 | 1,767.53 |
Support 1 | 1,654.43 |
Support 2 | 1,583.92 |
Support 3 | 1,541.33 |
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