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Cash Market | A likely trendline breakout trade in M&M

M&M has consolidated and is about to break above its long trendline. It is likely to hit 850 once it breaks through on a weekly basis.

August 10, 2021 / 07:40 IST
Mahindra & Mahindra | The company sold 27,523 tractors in April, down 11.1 percent compared to 30,970 tractors sold in March 2021. Passenger vehicle sales increased to 18,285 units in April from 16,700 units in March and commercial vehicle sales declined to 16,147 units from 21,577 units in the same period. M&M is going to enhance its ownership to 100 percent in Meru Mobility Tech. (Image: Reuters
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