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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (January 08, 2024 – January 12, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 5.40%.

Technically, M&M share price will see immediate support at 1,609.00 and immediate resistance would be seen at 1,702.50.

If M&M share price closes below immediate support of 1,609.00, then sharp breakdown can be seen. M&M share price will see major support at 1,576.00 for the week.

On the positive side, immediate resistance will be seen at 1,702.50. Closing above 1,702.50, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,763.00 for the week.

Trading range for M&M share price for this week should be between 1,515.50 on down side and 1,796.00 on up side.

M&M Previous Week High: 1730

M&M Previous Week Low: 1636.5

M&M Previous Week Range: 93.5 Points

M&M share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 1,796.00
Resistance 2 1,763.00
Resistance 1 1,702.50
Support 1 1,609.00
Support 2 1,576.00
Support 3 1,515.50
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