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...
NSE:NIFTY Closed above 200 MA today(21-7)
Formed bullish green candle and engulfing previous day`s candle.
As my analysis 16663 is 1st resistance and 16793 is 2nd resistance for tomrw(22-7),
and 1st support is 16495 and 2nd support is 16347.
I am not a professional of certifies analyst.
I post my own ideas just for learning purpose.
It is not any recommendation...
