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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (October 09, 2023 – October 13, 2023)

M&M
M&M
M&M closed the previous week on a negative note losing 6.02%.

Technically, M&M share price will see immediate support at 1,501.07 and immediate resistance would be seen at 1,597.32.

If M&M share price closes below immediate support of 1,501.07, then sharp breakdown can be seen. M&M share price will see major support at 1,453.28 for the week.

On the positive side, immediate resistance will be seen at 1,597.32. Closing above 1,597.32, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,645.78 for the week.

Trading range for M&M share price for this week should be between 1,404.82 on down side and 1,693.57 on up side.

M&M Previous Week High: 1598

M&M Previous Week Low: 1501.75

M&M Previous Week Range: 96.25 Points

M&M share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 1,693.57
Resistance 2 1,645.78
Resistance 1 1,597.32
Support 1 1,501.07
Support 2 1,453.28
Support 3 1,404.82
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