3M India Limited

3M India Ltd (Weekly Timeframe) - Potential Breakout

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Past few weeks, the stock has been in an uptrend and has breached the short-term weekly resistance during this week with HUGE VOLUME. Next target for the stock is to breach the weekly resistance zone near 32,405. During the week, a positive cross-over of EMAs has been established, indicating positive signs. With this week's bullish candle, the stock has made Higher Highs (HH) while breaching the short-term weekly resistance.

Keep a watch on the stock for next week.

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