Technically, M&M share price will see immediate support at 1,548.87 and immediate resistance would be seen at 1,596.07.
If M&M share price closes below immediate support of 1,548.87, then sharp breakdown can be seen. M&M share price will see major support at 1,530.18 for the week.
On the positive side, immediate resistance will be seen at 1,596.07. Closing above 1,596.07, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,624.58 for the week.
Trading range for M&M share price for this week should be between 1,501.67 on down side and 1,643.27 on up side.
M&M Previous Week High: 1605.9
M&M Previous Week Low: 1558.7
M&M Previous Week Range: 47.2 Points
M&M share price support and resistance for the week (September 11, 2023 – September 15, 2023)
Level Type | Value |
---|---|
Resistance 3 | 1,643.27 |
Resistance 2 | 1,624.58 |
Resistance 1 | 1,596.07 |
Support 1 | 1,548.87 |
Support 2 | 1,530.18 |
Support 3 | 1,501.67 |
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