3MINDIA - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.6

🚀 Strong momentum, breakout volume, and bullish indicators make 3M India a compelling intraday candidate today.

📈 Positive

• 🔹 RSI at 84.5: Indicates strong bullish momentum, ideal for breakout trades.
• 🔹 MACD at 549: Exceptionally high, confirming upward price acceleration.
• 🔹 Volume Surge: 2.29L vs 1Wk avg of 52.9K — over 4x spike, signaling high trader interest.
• 🔹 Strong Qtr Profit Growth: PAT up 43% YoY to ₹191 Cr.
• 🔹 ROCE and ROE: Robust at 38.2% and 23.8%, reflecting operational efficiency.

⚠️ Limitation

• 🔸 High P/E: At 72.6, significantly above industry average (25.2), suggesting premium valuation.
• 🔸 Overbought RSI: Above 80 may signal short-term exhaustion.
• 🔸 Minimal DII/FII Change: Institutional activity remains flat.

🚫 Company Negative News

• 📉 Valuation Concerns: Analysts cautious about sustainability of current price surge due to high P/E

  Business Today

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✅ Company Positive News

• 📊 Record Margins: Highest-ever gross and EBITDA margins reported in Q2

  Business Today

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• 🚀 Price Breakout: Stock surged 20% intraday, breaching ICICI Securities’ revised target of ₹35,700

  Business Today

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• 📈 Technical Strength: Charts suggest potential rally up to 25% from current levels

  Business Standard

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🏦 Industry

• 🏭 Sector: Industrial and Safety Products.
• 📊 Industry PE: 25.2, much lower than 3M India’s, indicating sector-wide caution.

📌 Conclusion

• 📉 Intraday Setup: Ideal for momentum-based trades due to breakout volume and RSI.
• 💰 Optimal Buy Price: ₹35,400–₹35,600 (on minor dips).
• 📈 Profit Exit Level: ₹36,800–₹37,100 (near 52-week high).
• 🛑 Stop Loss: ₹34,800 (below breakout zone).
• ⏳ If Holding: Consider exiting if RSI crosses 88 or price shows reversal near ₹37,100.

Sources

Business Today

+1

I can chart the RSI and MACD zones visually to help you time your entry and exit more precisely.