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Technicals for Mahindra & Mahindra Limited
By MusingTheNews
2025-04-25 20:45
Overall Technical outlook
Price Summary
On 2025-04-25, Mahindra & Mahindra Limited's stock opened at 2901.4, reached a high of 2939.6, dropped to a low of 2831.1, and closed down -1.28% at 2864.2, with a trading volume of 2299117 shares. Throughout the 52-week period, the stock hit a high of 3211.1 and a low of 2044.9. 36 analysts forecast that the price of M&M will range from 2640.0 to 4075.0, with an average expected price near 3478.2778.
Technicals
Support and Resistance: With the current price at 2864.2, support is found at 2807.2 and resistance at 2930.6. These levels indicate where buyers might step in at 2807.2, while sellers could limit gains at 2930.6, defining a trading boundary for Mahindra & Mahindra Limited. Support/Resistance for M&M
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding at the 100 level for M&M. This shows strong upward momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future potential. Aroon chart for Mahindra & Mahindra Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for M&M. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Mahindra & Mahindra Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Mahindra & Mahindra Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction. Stochastic chart for Mahindra & Mahindra Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Mahindra & Mahindra Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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