3MIndia Accumulate Range - 24500 - 22000 - Target - 51000View is Long term and patience is the KEY.
3M India is bearish currently on Monthly chart and seems will be bearish till end of year. Currently making a harmonic pattern. Will turn bullish my start of 2026.
Accumulation Range - 21000 to 24500
Long term Final Target - 51000+
Intermediate targets marked on the chart.
3m
NSE 3MINDIA – ELLIOTT WAVE ANALYSISTimeframe: Daily
3M India has given a good move after 100% extension of wave A. Note wave A = B is at 21368.9 . Price entered into the corrective channel, which signals an impending bullish move. 22292 is a pivot level for 3MINDIA.
Wave C is the ending point of the correction, and traders can trade for the following targets: 22564 – 22850 – 23282 . There will be an extension of the target after the breakout of wave (B).
I will update further information soon.