Tata Motors vs M&M - Will M&M Follow Tata Motors?

[bbrijesh]

The charts reveal a textbook case of institutional distribution in TataMotors and M&M.

In #TataMotors, the 2024-2025 period saw a classic Bearish Rising Wedge formation. As the wedge tightened at the ₹620–₹700 range (demerger adjusted), we witnessed a final Blow-off Top (Fakeout), a move designed to trap breakout buyers before a sharp Rejection confirmed the trend reversal.
The result? A massive ~50% correction from the highs.

​History Repeating in #M&M?
​We are now seeing a remarkably similar structure unfolding in #M&M. The price action is mimicking the same exhaustion signals that preceded the Tata Motors crash:

1.​The Bearish Wedge: Narrowing price action indicating diminishing buying momentum.
2. ​The Fakeout: A spike above resistance to hunt liquidity.
3.​The Rejection: A swift move back into the wedge, signaling that the "Smart Money" is exiting.

If #M&M follows the result of #TataMotors, we know the answer now.

#KeepItSimple