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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (November 20, 2023 – November 24, 2023)

M&M
M&M
M&M closed the previous week on a negative note losing 5.20%.

Technically, M&M share price will see immediate support at 1,533.07 and immediate resistance would be seen at 1,616.02.

If M&M share price closes below immediate support of 1,533.07, then sharp breakdown can be seen. M&M share price will see major support at 1,481.58 for the week.

On the positive side, immediate resistance will be seen at 1,616.02. Closing above 1,616.02, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,647.48 for the week.

Trading range for M&M share price for this week should be between 1,450.12 on down side and 1,698.97 on up side.

M&M Previous Week High: 1596

M&M Previous Week Low: 1513.05

M&M Previous Week Range: 82.95 Points

M&M share price support and resistance for the week (November 20, 2023 – November 24, 2023)

Level Type Value
Resistance 3 1,698.97
Resistance 2 1,647.48
Resistance 1 1,616.02
Support 1 1,533.07
Support 2 1,481.58
Support 3 1,450.12
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