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 200 MA with higher volume and following price breakout on 50 MA currently stock is taking support on 50 MA. 3: as my opinion BULLISH ABOVE LEVEL 23260.
I am not a profession or well experienced trader. I am an intermediate level trader. This analysis is just my practice and only for education and my learning purpose. Don`t blindly trade on any ideas or tips do your own analysis. THANKYOU...