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Technically, M&M share price will see immediate support at 1,539.20 and immediate resistance would be seen at 1,636.85.
If M&M share price closes below immediate support of 1,539.20, then sharp breakdown can be seen. M&M share price will see major support at 1,477.30 for the week.
On the positive side, immediate resistance will be seen at 1,636.85. Closing above 1,636.85, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,672.60 for the week.
Trading range for M&M share price for this week should be between 1,441.55 on down side and 1,734.50 on up side.
M&M Previous Week High: 1610.7
M&M Previous Week Low: 1513.05
M&M Previous Week Range: 97.65 Points
M&M share price support and resistance for the week (September 18, 2023 – September 22, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,734.50 |
| Resistance 2 | 1,672.60 |
| Resistance 1 | 1,636.85 |
| Support 1 | 1,539.20 |
| Support 2 | 1,477.30 |
| Support 3 | 1,441.55 |
