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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (October 02, 2023 – October 06, 2023)

M&M
M&M
M&M closed the previous week on a negative note losing 4.69%.

Technically, M&M share price will see immediate support at 1,525.50 and immediate resistance would be seen at 1,601.50.

If M&M share price closes below immediate support of 1,525.50, then sharp breakdown can be seen. M&M share price will see major support at 1,496.75 for the week.

On the positive side, immediate resistance will be seen at 1,601.50. Closing above 1,601.50, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,648.75 for the week.

Trading range for M&M share price for this week should be between 1,449.50 on down side and 1,677.50 on up side.

M&M Previous Week High: 1620

M&M Previous Week Low: 1544

M&M Previous Week Range: 76 Points

M&M share price support and resistance for the week (October 02, 2023 – October 06, 2023)

Level Type Value
Resistance 3 1,677.50
Resistance 2 1,648.75
Resistance 1 1,601.50
Support 1 1,525.50
Support 2 1,496.75
Support 3 1,449.50
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