#3MINDIA Accumulate for FLAG BO on Weekly Chart. Details provided on chart.
Long term triangle pattern break out with volume support.
Keep Patience & its a worth watching trade for sure.
Wait for the correct entry and enter according to your own analysis and risk
Breakout done... First target of 26500 Sl of 2% which is yesterday's low Enter at yesterday's close or high cross This can be a strong short term stock with 100% return in 2 to 4 months It's a very strong breakout if it can sustain and reach first target
3M can be shorted if price closes below 20k level, which is strong support. Target ~18.5k
This share is looking weak on chart and is breaking down below the triangle. The motive wave seems to have ended and the trend reversed. THIS IS NOT A TRADE IDEA I am a novice learner and am doing analysis on some of the stocks that either I had or have in my portfolio and looking to buy or sell, but this does not mean I am taking this trade. Use your judgement...
Looks to achieve 20000 from here however we take position on pullback for a good RR
Stocks dont double over night They need time some time months some time years If you see the 3M India in longer time frame stock doesnt move for years. That is when you ability will be tested and who stayed in the course will only be rewarded at the end So as an investors be patience until noting changes fundamentally in a company
Fundamentally strong stock available at support Lonterm investors can enter at current levels
3m India which has been rock solid in the downfall, it seem now stock is ready for correction as the MACD histogram is still in negative territory and also stock not only gone below long term moving average but broken the trend line. it seems stock is heading towards below 14500...