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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (February 26, 2024 – March 01, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 6.56%.

Technically, M&M share price will see immediate support at 1,850.68 and immediate resistance would be seen at 1,978.53.

If M&M share price closes below immediate support of 1,850.68, then sharp breakdown can be seen. M&M share price will see major support at 1,771.42 for the week.

On the positive side, immediate resistance will be seen at 1,978.53. Closing above 1,978.53, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 2,027.12 for the week.

Trading range for M&M share price for this week should be between 1,722.83 on down side and 2,106.38 on up side.

M&M Previous Week High: 1947.85

M&M Previous Week Low: 1820

M&M Previous Week Range: 127.85 Points

M&M share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 2,106.38
Resistance 2 2,027.12
Resistance 1 1,978.53
Support 1 1,850.68
Support 2 1,771.42
Support 3 1,722.83
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