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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (February 12, 2024 – February 16, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 7.08%.

Technically, M&M share price will see immediate support at 1,598.93 and immediate resistance would be seen at 1,722.93.

If M&M share price closes below immediate support of 1,598.93, then sharp breakdown can be seen. M&M share price will see major support at 1,551.47 for the week.

On the positive side, immediate resistance will be seen at 1,722.93. Closing above 1,722.93, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,799.47 for the week.

Trading range for M&M share price for this week should be between 1,474.93 on down side and 1,846.93 on up side.

M&M Previous Week High: 1752

M&M Previous Week Low: 1628

M&M Previous Week Range: 124 Points

M&M share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 1,846.93
Resistance 2 1,799.47
Resistance 1 1,722.93
Support 1 1,598.93
Support 2 1,551.47
Support 3 1,474.93
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