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Technicals for Mahindra & Mahindra Limited
By MusingTheNews
2025-10-17 20:46
Overall Technical outlook
Price Summary
Mahindra & Mahindra Limited's stock spiked 2.42% today, marking a remarkable performance in the market. On 2025-10-17, Mahindra & Mahindra Limited's stock opened at 3561.0, reached 3656.0, hit a low of 3560.1, and rose 2.42% to close at 3647.2, with 3339279 shares traded. During the 52-week span, the stock hit a high of 3701.4 and a low of 2491.25. The price projection is between 2760.0 and 4400.0, with an average expected price around 3636.543, according to 35 analysts.
Technicals
Support and Resistance: The price for M&M at 3647.2 is supported by the 3398.9 level and faces resistance at 3696.3. This range indicates key levels where the price may find buyers near 3398.9 and sellers near 3696.3, defining a trading range. Support/Resistance for M&M
Aroon: The Aroon indicator continues to show a bullish trend for Mahindra & Mahindra Limited, with Aroon Up holding at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation. Aroon chart for Mahindra & Mahindra Limited
Bol. Bands: In a bullish development, the current price for M&M has crossed above the upper Bollinger Band in its latest move. This breakout signals heightened buying pressure, driving the price beyond its normal range. Traders may interpret this as a sign of strong market momentum, which could result in continued upward movement. Bolinger Bands chart for Mahindra & Mahindra Limited
Parabolic SAR: The PSAR's reversal from bearish to bullish suggests a possible trend change. When viewed in conjunction with other indicators, this shift could indicate a strong bullish signal for M&M. Investors should consider this as a potential opportunity, particularly if the broader market trends support this reversal. Parabolic Stop and Reverse chart for Mahindra & Mahindra Limited
Stochastic: The stochastic indicator signals a bullish mood, with the K-line above both the D-line and the 80 threshold. This configuration indicates strong upward momentum, suggesting that the market may continue its upward trend. Traders could consider this a positive indication of strength for M&M. Stochastic chart for Mahindra & Mahindra Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for M&M, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Mahindra & Mahindra Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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