Sensex, Nifty Live updates on November 11, 2024: The short-term outlook is bullish for Mahindra & Mahindra. The stock has surged over 5 per cent last week and has closed on a strong note. This rise has taken the share price well above a key resistance level of ₹2,900. The price action last week indicates that the stock has got strong buyers in the ₹2,900-₹2,850 region. This zone will continue to act as a good support and limit the downside going forward. Mahindra & Mahindra share price can rise to ₹3,200 in the coming weeks.