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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (September 11, 2023 – September 15, 2023)

M&M
M&M
M&M closed the previous week on a negative note losing 2.94%.

Technically, M&M share price will see immediate support at 1,548.87 and immediate resistance would be seen at 1,596.07.

If M&M share price closes below immediate support of 1,548.87, then sharp breakdown can be seen. M&M share price will see major support at 1,530.18 for the week.

On the positive side, immediate resistance will be seen at 1,596.07. Closing above 1,596.07, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,624.58 for the week.

Trading range for M&M share price for this week should be between 1,501.67 on down side and 1,643.27 on up side.

M&M Previous Week High: 1605.9

M&M Previous Week Low: 1558.7

M&M Previous Week Range: 47.2 Points

M&M share price support and resistance for the week (September 11, 2023 – September 15, 2023)

Level Type Value
Resistance 3 1,643.27
Resistance 2 1,624.58
Resistance 1 1,596.07
Support 1 1,548.87
Support 2 1,530.18
Support 3 1,501.67

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