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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (January 22, 2024 – January 26, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 4.72%.

Technically, M&M share price will see immediate support at 1,604.47 and immediate resistance would be seen at 1,682.82.

If M&M share price closes below immediate support of 1,604.47, then sharp breakdown can be seen. M&M share price will see major support at 1,553.38 for the week.

On the positive side, immediate resistance will be seen at 1,682.82. Closing above 1,682.82, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,710.08 for the week.

Trading range for M&M share price for this week should be between 1,526.12 on down side and 1,761.17 on up side.

M&M Previous Week High: 1659

M&M Previous Week Low: 1580.65

M&M Previous Week Range: 78.35 Points

M&M share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 1,761.17
Resistance 2 1,710.08
Resistance 1 1,682.82
Support 1 1,604.47
Support 2 1,553.38
Support 3 1,526.12
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