Mahindra And Mahindra Ltd
Date : 20.01.2024
Timeframe : Day Chart
NSE: M&M
Remarks :
1 Broke 20 EMA & 60 EMA. Evolving bearish crossover between the two.
2 Broke Ichimoku Span.
3 Broke Descending Triangle base line.
4 Below 50% of entire Bullish consolidation zone.
Buy Condition : Above mean reversion of RSI + Resume Descending Triangle base from current situation OR If it touches base line of bullish consolidation along with RSI Oversold concept + at 200 EMA that time.
Short Condition : Keep 50% or base line of Descending triangle as Strict stoploss for carry forward trade/s.
December Auto Sales Numbers : Major 4 Wheelers Cos
For your reference & to compare it with January 2025 Month On Month Comparison
MAHINDRA :
DECEMBER TOTAL SALES 70,000 UNITS VS EST 77,800
MARUTI SUZUKI:
DECEMBER TOTAL SALES 1,78,300 UNITS VS 1,37,551 UNITS (YOY); EST 1,71,600
TATA MOTORS:
DECEMBER TOTAL SALES 78,164 UNITS VS 77,855 UNITS (YOY); EST 70,000
Regards,
Ankur
Timeframe : Day Chart
NSE: M&M
Remarks :
1 Broke 20 EMA & 60 EMA. Evolving bearish crossover between the two.
2 Broke Ichimoku Span.
3 Broke Descending Triangle base line.
4 Below 50% of entire Bullish consolidation zone.
Buy Condition : Above mean reversion of RSI + Resume Descending Triangle base from current situation OR If it touches base line of bullish consolidation along with RSI Oversold concept + at 200 EMA that time.
Short Condition : Keep 50% or base line of Descending triangle as Strict stoploss for carry forward trade/s.
December Auto Sales Numbers : Major 4 Wheelers Cos
For your reference & to compare it with January 2025 Month On Month Comparison
MAHINDRA :
DECEMBER TOTAL SALES 70,000 UNITS VS EST 77,800
MARUTI SUZUKI:
DECEMBER TOTAL SALES 1,78,300 UNITS VS 1,37,551 UNITS (YOY); EST 1,71,600
TATA MOTORS:
DECEMBER TOTAL SALES 78,164 UNITS VS 77,855 UNITS (YOY); EST 70,000
Regards,
Ankur
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.