M&M Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

M&M closed the previous week on a negative note losing 8.62%

Technically, M&M share price will see immediate support at 1,412.77 and immediate resistance would be seen at 1,548.42

If M&M share price closes below immediate support of 1,412.77, then sharp breakdown can be seen. M&M share price will see major support at 1,357.73 for the week.

On the positive side, immediate resistance will be seen at 1,548.42. Closing above 1,548.42, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,629.03 for the week.

Trading range for M&M share price for this week should be between 1,277.12 on down side and 1,684.07 on up side.

M&M Previous Week High: 1574

M&M Previous Week Low: 1438.35

M&M Previous Week Range: 135.65 Points

M&M share price support and resistance for the week (July 31, 2023 – August 04, 2023)