Overall Technical outlook

Price Summary

On 2025-05-30, M&M's stock began at 3005.0, peaked at 3017.4, dipped to 2957.0, and closed up -0.94% at 2976.8, with a volume of 3699810 shares.
In the last 52 weeks, the stock's top price was 3211.1 and the bottom price was 2491.25.
The price outlook for M&M is between 2640.0 and 4075.0, with an average expectation of 3481.0557, as estimated by 36 analysts.

Technicals

Support and Resistance: The current price of 2976.8 for M&M finds support at 2906.35 and resistance at 3049.45. These levels define a range in which the price might oscillate, with 2906.35 as a potential support and 3049.45 as a resistance level.
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Support/Resistance for M&M


Aroon: The AROON indicator suggests a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed. This combination signals a continuation of the downward trend, indicating that bearish momentum is likely to persist. The steady low reading of the Aroon Oscillator suggests further weakness in the market.
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Aroon chart for Mahindra & Mahindra Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Bolinger Bands chart for Mahindra & Mahindra Limited


Parabolic SAR: The PSAR continues its bearish trend for Mahindra & Mahindra Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment.
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Parabolic Stop and Reverse chart for Mahindra & Mahindra Limited


Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, it signals a mildly bearish trend. This positioning hints at potential weakness in the market, though the bearish sentiment is mild. Investors should monitor this trend closely for any further signs of a downturn.
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Stochastic chart for Mahindra & Mahindra Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Mahindra & Mahindra Limited. This suggests a period of market balance, where neither side is showing dominance.
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Tripple SMA chart for Mahindra & Mahindra Limited


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.