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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (May 27, 2024 – May 31, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 5.75%.

Technically, M&M share price will see immediate support at 2,492.03 and immediate resistance would be seen at 2,642.43.

If M&M share price closes below immediate support of 2,492.03, then sharp breakdown can be seen. M&M share price will see major support at 2,404.32 for the week.

On the positive side, immediate resistance will be seen at 2,642.43. Closing above 2,642.43, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 2,705.12 for the week.

Trading range for M&M share price for this week should be between 2,341.63 on down side and 2,792.83 on up side.

M&M Previous Week High: 2617.4

M&M Previous Week Low: 2467

M&M Previous Week Range: 150.4 Points

M&M share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 2,792.83
Resistance 2 2,705.12
Resistance 1 2,642.43
Support 1 2,492.03
Support 2 2,404.32
Support 3 2,341.63
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