3MINDIA - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 2.9

📉 Intraday Trading Analysis for 3MINDIA

3MINDIA is not an ideal candidate for intraday trading today, primarily due to weak momentum indicators and low liquidity. Here's a detailed breakdown

⚙️ Technical & Momentum Overview

RSI at 45.6: Indicates neutral-to-weak momentum; not in a bullish zone.

MACD at -47.1: Bearish crossover — signals downward pressure.

Price Action

Current price ₹30,440 is hovering around both 50 DMA (₹30,484) and 200 DMA (₹30,358) — suggests indecision.

No clear breakout or breakdown pattern visible.

Volume

Today’s volume (4,093) is slightly above the 1-week average (3,435), but still extremely low for intraday volatility.

52W Index at 41.4%: Indicates the stock is trading in the lower half of its yearly range — not ideal for momentum plays.

📌 Trade Strategy

If Entering Fresh Today

Avoid initiating a trade unless volume spikes significantly and MACD shows reversal.

If attempting a scalp

Buy Zone: ₹30,350–₹30,400 (near 200 DMA support)

Profit Target: ₹30,600–₹30,700 (minor resistance zone)

Stop-Loss: ₹30,250 (below recent support)

If Already Holding

Exit on Weakness

If price breaks below ₹30,250 with increasing volume and MACD remains negative.

Exit on Strength

If price crosses ₹30,600 with RSI moving above 50 and volume exceeds 6,000 — signals short-term recovery.

🧠 Final Verdict

Despite strong fundamentals (high ROCE, ROE, low debt), 3MINDIA lacks the intraday volatility, volume, and momentum needed for a compelling trade today. It’s better suited for positional or long-term investing than short-term scalping.

Let me know if you'd like a positional trade breakdown or swing trade setup for this stock.

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