Signals, Powered By EquityPandit
M&M closed the previous week on a negative note losing 5.48%.
Technically, M&M share price will see immediate support at 1,818.08 and immediate resistance would be seen at 1,922.48.
If M&M share price closes below immediate support of 1,818.08, then sharp breakdown can be seen. M&M share price will see major support at 1,757.37 for the week.
On the positive side, immediate resistance will be seen at 1,922.48. Closing above 1,922.48, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,966.17 for the week.
Trading range for M&M share price for this week should be between 1,713.68 on down side and 2,026.88 on up side.
M&M Previous Week High: 1905.45
M&M Previous Week Low: 1801.05
M&M Previous Week Range: 104.4 Points
M&M share price support and resistance for the week (March 25, 2024 – March 29, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 2,026.88 |
| Resistance 2 | 1,966.17 |
| Resistance 1 | 1,922.48 |
| Support 1 | 1,818.08 |
| Support 2 | 1,757.37 |
| Support 3 | 1,713.68 |
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