"M&M - सपनों की गति, भारत की शक्ति!
Technical Analysis
Daily chart reveals classic oversold bounce after 2-day decline from ₹3,200 highs, marked by strong volume and bullish engulfing candle reclaiming 5/10-SMA support while testing 20-SMA resistance. RSI oversold ~38 with bullish divergence, MACD signal bearish but histogram contracting; price below 50/100/200-SMA indicating bearish bias (TSR Bearish vs 57% peers). Pivots: Classic PP ₹3,021, R1 ₹3,077/R2 ₹3,113/R3 ₹3,204, S1 ₹2,985/S2 ₹2,930/S3 ₹2,839; supports near ₹3,000-2,950, resistance ₹3,100-3,200.

















