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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (September 04, 2023 – September 08, 2023)

M&M
M&M
M&M closed the previous week on a negative note losing 5.01%.

Technically, M&M share price will see immediate support at 1,542.53 and immediate resistance would be seen at 1,622.93.

If M&M share price closes below immediate support of 1,542.53, then sharp breakdown can be seen. M&M share price will see major support at 1,493.12 for the week.

On the positive side, immediate resistance will be seen at 1,622.93. Closing above 1,622.93, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,653.92 for the week.

Trading range for M&M share price for this week should be between 1,462.13 on down side and 1,703.33 on up side.

M&M Previous Week High: 1604.5

M&M Previous Week Low: 1524.1

M&M Previous Week Range: 80.4 Points

M&M share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 1,703.33
Resistance 2 1,653.92
Resistance 1 1,622.93
Support 1 1,542.53
Support 2 1,493.12
Support 3 1,462.13

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