Hello, according to my analysis of 3M stock. There is a wonderful investment opportunity. The stock broke the downward trend. The strong resistance at 107 was broken. Also, a very positive green candle formed on the daily time frame. Indicates a strong entry of buyers. good luck for everbody
3M India Ltd - 13.04.2023
The stock price is within a Channel Range.
The prices are at EMA
Watch out for a breakout above 24000.
DISCLAIMER: This is not a Stock Recommendation. The post is for learning purposes only.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
