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Technicals for 3M India Limited
By MusingTheNews
2025-10-17 20:20
Overall Technical outlook
Price Summary
On 2025-10-16, 3M India Limited's stock began at 29420.0, peaked at 29500.0, declined to 29110.0, and ended the day -0.08% lower at 29395.0, with 1748 shares traded. During the 52-week span, the stock hit a high of 36085.1 and a low of 25982.5.
Technicals
Support and Resistance: The current price is 29395.0, with support at 29135.0 and resistance at 30110.0. This range suggests that the price might move between these levels, with 29135.0 offering support and 30110.0 capping further gains for 3M India Limited. Support/Resistance for 3MINDIA
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for 3M India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for 3MINDIA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for 3M India Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for 3M India Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for 3M India Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for 3M India Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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