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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (October 30, 2023 – November 03, 2023)

M&M
M&M
M&M closed the previous week on a negative note losing 4.86%.

Technically, M&M share price will see immediate support at 1,481.67 and immediate resistance would be seen at 1,558.27.

If M&M share price closes below immediate support of 1,481.67, then sharp breakdown can be seen. M&M share price will see major support at 1,452.53 for the week.

On the positive side, immediate resistance will be seen at 1,558.27. Closing above 1,558.27, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,605.73 for the week.

Trading range for M&M share price for this week should be between 1,405.07 on down side and 1,634.87 on up side.

M&M Previous Week High: 1576.6

M&M Previous Week Low: 1500

M&M Previous Week Range: 76.6 Points

M&M share price support and resistance for the week (October 30, 2023 – November 03, 2023)

Level Type Value
Resistance 3 1,634.87
Resistance 2 1,605.73
Resistance 1 1,558.27
Support 1 1,481.67
Support 2 1,452.53
Support 3 1,405.07
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