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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (May 20, 2024 – May 24, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 15.56%.

Technically, M&M share price will see immediate support at 2,263.75 and immediate resistance would be seen at 2,661.70.

If M&M share price closes below immediate support of 2,263.75, then sharp breakdown can be seen. M&M share price will see major support at 2,012.90 for the week.

On the positive side, immediate resistance will be seen at 2,661.70. Closing above 2,661.70, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 2,808.80 for the week.

Trading range for M&M share price for this week should be between 1,865.80 on down side and 3,059.65 on up side.

M&M Previous Week High: 2557.95

M&M Previous Week Low: 2160

M&M Previous Week Range: 397.95 Points

M&M share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 3,059.65
Resistance 2 2,808.80
Resistance 1 2,661.70
Support 1 2,263.75
Support 2 2,012.90
Support 3 1,865.80
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