M&MFIN - Technical Analysis

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

Technical Rating: 2.7

Here’s a detailed technical analysis of Mahindra & Mahindra Financial Services Ltd (M&MFIN)

📉 Trend Overview

Current Trend: Reversing to bearish

Price is trading below both 50 DMA and 200 DMA, indicating short- and medium-term weakness.

Down ~25% from its 52-week high of ₹334, suggesting a breakdown from prior bullish momentum.

📊 Technical Indicators

Moving Averages

50 DMA: ₹264 — price is below, signaling short-term bearishness.

200 DMA: ₹268 — price is below, confirming medium-term weakness.

RSI (14): 37.1 — nearing oversold territory, but not yet a reversal signal.

MACD: -3.47 — bearish crossover, momentum fading.

Bollinger Bands: Price near lower band, indicating oversold conditions and potential for bounce.

Volume: 36.7L vs 1-week avg of 46.3L — below average, showing lack of buying interest.

📌 Support & Resistance Zones

Level Type Price (₹)

Immediate Support 245 – 252

Strong Support 232 – 238

Resistance Zone 264 – 268

Major Resistance 275 – 285

Trendlines suggest a breakdown from an ascending triangle pattern, with downside risk unless support at ₹232 holds.

🚨 Momentum Signals

Short-Term Entry Zone: ₹238–₹245 (only if reversal signs emerge)

Exit Zone / Target: ₹264–₹275 (if bounce occurs)

Stop Loss: ₹232 (below strong support)

⚠️ Conclusion

Momentum: Weak and fading.

Trend Status: Reversing downward after failing to hold above key averages.

Outlook: Cautious. Avoid fresh long positions until RSI improves and MACD flattens.

Watch for: Volume spike + RSI > 45 + MACD crossover for any bullish reversal.

Would you like a visual chart or comparison with peers like Shriram Finance or Bajaj Finance?

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