Overall Technical outlook

Price Summary

In today's trading, Mahindra & Mahindra Limited's stock spiked by 3.23%, showcasing an phenomenal market day.
Mahindra & Mahindra Limited's stock began trading at 3355.0 on 2026-02-02, soared to 3472.1, dipped to 3343.7, and finished the day 3.23% up at 3463.2, with 2950600 shares exchanged.
In the past year, the highest stock price was 3802.4, and the lowest was 2491.25.
36 analysts predict that the future price of M&M will be in the range of 3600.0 to 4521.0, with a mean expected price of about 4216.0923.

Technicals

Support and Resistance: The current price sits at 3463.2, supported at 3398.9 and capped by resistance at 3487.2. These levels define a range for M&M where the price might stabilize, with 3398.9 as a floor and 3487.2 as a ceiling.
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Support/Resistance for M&M


Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Aroon chart for Mahindra & Mahindra Limited


Bol. Bands: The latest price action shows a crossover above the lower Bollinger Band, after a period where the price was below it. This upward shift suggests that the market may be starting to recover from oversold conditions, potentially indicating the end of the bearish trend. The crossover above the band could be a sign that a reversal or stabilization is taking place, with the potential for further upward movement.
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Bolinger Bands chart for Mahindra & Mahindra Limited


Parabolic SAR: The PSAR for M&M continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement.
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Parabolic Stop and Reverse chart for Mahindra & Mahindra Limited


Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Stochastic chart for Mahindra & Mahindra Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Tripple SMA chart for Mahindra & Mahindra Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.