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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (November 13, 2023 – November 17, 2023)

M&M
M&M
M&M closed the previous week on a negative note losing 5.46%.

Technically, M&M share price will see immediate support at 1,478.87 and immediate resistance would be seen at 1,564.02.

If M&M share price closes below immediate support of 1,478.87, then sharp breakdown can be seen. M&M share price will see major support at 1,433.63 for the week.

On the positive side, immediate resistance will be seen at 1,564.02. Closing above 1,564.02, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,603.93 for the week.

Trading range for M&M share price for this week should be between 1,393.72 on down side and 1,649.17 on up side.

M&M Previous Week High: 1558.7

M&M Previous Week Low: 1473.55

M&M Previous Week Range: 85.15 Points

M&M share price support and resistance for the week (November 13, 2023 – November 17, 2023)

Level Type Value
Resistance 3 1,649.17
Resistance 2 1,603.93
Resistance 1 1,564.02
Support 1 1,478.87
Support 2 1,433.63
Support 3 1,393.72
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