BUY above high of brakeout candle with 1:2 minimum take profit
3M India - Price volume action after long time. Fundamentally strong business model. Only for educational purposes.
It seems stock only knows the flag pattern. On the monthly chart it has formed continuous 3 flag patterns in the past 20 years. Every time before starting a new flag it comes near the trendline. Same thing is happening now. Hence will history repeat itself. Therefore it is important to study the chart.
3m is currently forming a kind of a head and shoulder pattern 3M is made a similar pattern last year year during the same time period and gave good profits for shorters It might repeat the history again.
3MINDIA is closing below Daily 100 SMA, 200 EMA also breaking down below Support Zone which is the sign of BEARISH Continuation. 22000 is the Next Support which is marked in Chart
H&S pattern formed after reaching the Weekly supply zone, will test the below marked Demand zone and then move up
3MINDIA bull run waiting strrong price action pattern despite market being negative stock has not gone down . we can expect strong move up side . buy recommendation.
After perfect inverse head and shoulder. Consolidation of few days. Now stock is trying to break the range with good volume
3M has taken support at very long term trendline around 17500....and it has reached to level of 23257...we can clearly see ..it is taking resistance with upper range trend-line...when we go to 1d time frame it is taken support at moving average...and made a very bullish engulfing sign... ENTRY :23257 STOPLOSS : 21883 TARGET : 29954
3m chart Time frame - Weekly Pattern - tringle pattern
Brekaing out todayif sustains by EOD should look for long side
NSE:3MINDIA One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio should be 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
NSE:3MINDIA Stock is trading at level with lower than average volume from past 2 weeks. 22973 is a major weekly level following it 23260 is another major resistance as price rejection from 2 weeks on level 23260. Bullish point of view -- 1: if we go on DAILY timeframe we can see lower high`s and ascending triangle formation. 2: on WEEKLY chart price breakout on...
Very good bottoming out pattern in 3M India. Likely target 32000 in next year. SL of 20100 can be considered status is now buy on dips
3 M had completed a good correction now above the accumulation area indicating the completion of consolidation There is strong momentum & Relative strength visible in the counter
Inverse Head and Shoulders at #3MINDIA (3M India Ltd). What Is the Inverse Head and Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. ONLY FOR #educational NOT SEBI REGISTERED....
Retest with Low volume Perfect 2.5 Day Funda Best time to enter with strict SL below last head
Perfect Inverse head and shoulder and retest on 30th June 2022 and 01st July with Low volumn Perfect time for entry.