M&M - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.3

Here’s a comprehensive technical analysis of Mahindra & Mahindra Ltd (M&M)

📊 Trend Overview

Current Trend: Trending upward

Price is near its 52-week high of ₹3,303, indicating strong bullish sentiment.

Trading above both 50 DMA and 200 DMA confirms short- and long-term strength.

Recent breakout from a 13-day consolidation phase suggests renewed momentum

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📈 Technical Indicators

Moving Averages

50 DMA: ₹3,124 — price is above, signaling short-term bullishness.

200 DMA: ₹2,924 — price is well above, confirming long-term uptrend.

RSI (14): 53.6 — neutral to bullish zone; room for further upside.

MACD: +32.2 — bullish crossover, momentum building.

Bollinger Bands: Price near upper band, indicating strength but also potential volatility.

Volume: 19.3L vs 1-week avg of 18.4L — above average, confirming breakout strength.

📌 Support & Resistance Zones

Level Type Price (₹)

Immediate Support 3,175 – 3,190

Strong Support 3,125 – 3,145

Resistance Zone 3,245 – 3,282

Major Resistance 3,303 – 3,343

Trendlines show a breakout from a bullish flag pattern, with upside potential toward ₹3,350–₹3,400

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🚀 Momentum Signals

Short-Term Entry Zone: ₹3,175–₹3,190 (on pullbacks)

Exit Zone / Target: ₹3,300–₹3,350 (near resistance or trailing stop)

Stop Loss: ₹3,125 (below strong support)

📌 Conclusion

Momentum: Strong and sustained.

Trend Status: Trending upward post-consolidation breakout

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Outlook: Positive in short to medium term. Watch for RSI > 60 and MACD expansion for further upside.

Would you like a visual chart or comparison with peers like Tata Motors or Maruti Suzuki?

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www.moneycontrol.com

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www.topstockresearch.com

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www.etmoney.com

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