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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (March 18, 2024 – March 22, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 6.53%.

Technically, M&M share price will see immediate support at 1,754.30 and immediate resistance would be seen at 1,879.20.

If M&M share price closes below immediate support of 1,754.30, then sharp breakdown can be seen. M&M share price will see major support at 1,709.10 for the week.

On the positive side, immediate resistance will be seen at 1,879.20. Closing above 1,879.20, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,958.90 for the week.

Trading range for M&M share price for this week should be between 1,629.40 on down side and 2,004.10 on up side.

M&M Previous Week High: 1913.7

M&M Previous Week Low: 1788.8

M&M Previous Week Range: 124.9 Points

M&M share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 2,004.10
Resistance 2 1,958.90
Resistance 1 1,879.20
Support 1 1,754.30
Support 2 1,709.10
Support 3 1,629.40
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