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Technicals for 3M India Limited
By MusingTheNews
2025-06-13 20:20
Overall Technical outlook
Price Summary
On 2025-06-12, 3M India Limited's stock began at 29495.0, peaked at 29550.0, declined to 29130.0, and ended the day -0.9% down at 29230.0, with 3134 shares traded. Over the course of 52 weeks, the stock peaked at 40020.6 and hit a low of 25982.5.
Technicals
Support and Resistance: With the current price at 29230.0, support is found at 29020.75 and resistance at 29923.5. These levels indicate where buyers might step in at 29020.75, while sellers could limit gains at 29923.5, defining a trading boundary for 3M India Limited. Support/Resistance for 3MINDIA
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for 3M India Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for 3M India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for 3M India Limited
Parabolic SAR: The PSAR for 3MINDIA continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for 3M India Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for 3M India Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for 3M India Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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