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M&M Outlook for the Week (September 18, 2023 – September 22, 2023)

M&M closed the previous week on a negative note losing 6.06%.

Technically, M&M share price will see immediate support at 1,539.20 and immediate resistance would be seen at 1,636.85.

If M&M share price closes below immediate support of 1,539.20, then sharp breakdown can be seen. M&M share price will see major support at 1,477.30 for the week.

On the positive side, immediate resistance will be seen at 1,636.85. Closing above 1,636.85, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,672.60 for the week.

Trading range for M&M share price for this week should be between 1,441.55 on down side and 1,734.50 on up side.

M&M Previous Week High: 1610.7

M&M Previous Week Low: 1513.05

M&M Previous Week Range: 97.65 Points

M&M share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 1,734.50
Resistance 2 1,672.60
Resistance 1 1,636.85
Support 1 1,539.20
Support 2 1,477.30
Support 3 1,441.55

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