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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (December 04, 2023 – December 08, 2023)

M&M
M&M
M&M closed the previous week on a negative note losing 7.43%.

Technically, M&M share price will see immediate support at 1,556.43 and immediate resistance would be seen at 1,680.28.

If M&M share price closes below immediate support of 1,556.43, then sharp breakdown can be seen. M&M share price will see major support at 1,487.37 for the week.

On the positive side, immediate resistance will be seen at 1,680.28. Closing above 1,680.28, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,735.07 for the week.

Trading range for M&M share price for this week should be between 1,432.58 on down side and 1,804.13 on up side.

M&M Previous Week High: 1666

M&M Previous Week Low: 1542.15

M&M Previous Week Range: 123.85 Points

M&M share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 1,804.13
Resistance 2 1,735.07
Resistance 1 1,680.28
Support 1 1,556.43
Support 2 1,487.37
Support 3 1,432.58
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