Overall view: 3M India has a bullish multi-timeframe demand structure. Yearly and half-yearly demand zones are aligned at ₹25,200–31,000, while quarterly, monthly and weekly demand zones provide progressively closer support. The strongest immediate confluence is the ITF demand zone at ₹21,300–21,695.
1. Six key technical insights
1. HTF trend – Strong bullish structure: Yearly and half-yearly Rally Base Rally zones overlap completely at ₹25,200–31,000, averaging ₹28,100. This represents a major long-term demand zone.
2. Quarterly demand – Important structural support: Quarterly demand at ₹21,300–23,995 provides the next major support. The quarterly average is ₹22,648, supporting the broader bullish structure.
3. MTF alignment – Bullish: Monthly, weekly and daily trends are UP. Their average demand zone is ₹21,300–23,268, with an average of ₹22,284.
4. ITF confluence – High conviction area: All three intraday timeframes (240M, 180M and 60M) share the same DMIP zone of ₹21,300–21,695. This is a significant demand confluence, although overlapping zones do not guarantee a reversal.
5. Entry strategy – Two-level accumulation: Entry-1 at ₹25,320 corresponds to monthly demand, while Entry-2 at ₹23,995 corresponds to quarterly demand. The planned average entry of ₹24,658 positions the trade between these two demand levels.
6. Target potential – Extended bullish setup: The primary target of ₹43,123 offers 5.5:1 gross reward-to-risk based on your supplied risk and reward. The extended position target of ₹63,988 represents a longer-term scenario and requires fresh confirmation.
2. Complete trade economics
Parameter Value
Entry-1 ₹25,320
Entry-2 ₹23,995
Average entry ₹24,658
Stop-loss ₹21,300
Primary target ₹43,123
Extended target ₹63,988
Quantity 100 shares
Investment value ₹24,65,750
Margin requirement (35%) ₹8,63,013
Financed amount (65%) ₹16,02,738
3. Target and risk analysis
Gross risk
₹3,35,750
Gross reward
₹18,46,500
Gross RR
1:5.50
Net RR (before interest)
1:5.27
120-day financing scenario
Component Amount
Gross profit at target ₹18,46,500
Brokerage / taxes assumed -₹12,087
Interest (120 days) -₹51,059
Total net profit ₹17,83,354
4. Price target structure
TRADE PRICE LEVELS
₹63,988
Extended position target
₹43,123
Primary target (+74.9% from average entry)
₹24,658
Average entry
₹21,300
Stop-loss / ITF distal demand
5. Important calculation corrections
There are three points to address before executing this trade:
- Brokerage: ₹12,087 is approximately 0.49% of the purchase value alone. If 0.49% is intended on both buy and sell turnover, the exit-side charges must also be included.
- Interest: Your ₹51,059 interest is consistent with approximately 120 days on ₹16,02,738 at 9.69% annual interest.
- ROI: Net profit of ₹17,83,354 represents approximately 206.6% return on the initial 35% margin of ₹8,63,013, before any additional charges or margin requirements.
My assessment: The technical setup has strong timeframe alignment, but the planned stop-loss is below the overlapping ITF demand zone and the risk is substantial because of leverage. The ₹43,123 target should be treated as a price objective, not a guaranteed outcome. Position sizing and margin-call risk need to be considered independently.
1. Six key technical insights
1. HTF trend – Strong bullish structure: Yearly and half-yearly Rally Base Rally zones overlap completely at ₹25,200–31,000, averaging ₹28,100. This represents a major long-term demand zone.
2. Quarterly demand – Important structural support: Quarterly demand at ₹21,300–23,995 provides the next major support. The quarterly average is ₹22,648, supporting the broader bullish structure.
3. MTF alignment – Bullish: Monthly, weekly and daily trends are UP. Their average demand zone is ₹21,300–23,268, with an average of ₹22,284.
4. ITF confluence – High conviction area: All three intraday timeframes (240M, 180M and 60M) share the same DMIP zone of ₹21,300–21,695. This is a significant demand confluence, although overlapping zones do not guarantee a reversal.
5. Entry strategy – Two-level accumulation: Entry-1 at ₹25,320 corresponds to monthly demand, while Entry-2 at ₹23,995 corresponds to quarterly demand. The planned average entry of ₹24,658 positions the trade between these two demand levels.
6. Target potential – Extended bullish setup: The primary target of ₹43,123 offers 5.5:1 gross reward-to-risk based on your supplied risk and reward. The extended position target of ₹63,988 represents a longer-term scenario and requires fresh confirmation.
2. Complete trade economics
Parameter Value
Entry-1 ₹25,320
Entry-2 ₹23,995
Average entry ₹24,658
Stop-loss ₹21,300
Primary target ₹43,123
Extended target ₹63,988
Quantity 100 shares
Investment value ₹24,65,750
Margin requirement (35%) ₹8,63,013
Financed amount (65%) ₹16,02,738
3. Target and risk analysis
Gross risk
₹3,35,750
Gross reward
₹18,46,500
Gross RR
1:5.50
Net RR (before interest)
1:5.27
120-day financing scenario
Component Amount
Gross profit at target ₹18,46,500
Brokerage / taxes assumed -₹12,087
Interest (120 days) -₹51,059
Total net profit ₹17,83,354
4. Price target structure
TRADE PRICE LEVELS
₹63,988
Extended position target
₹43,123
Primary target (+74.9% from average entry)
₹24,658
Average entry
₹21,300
Stop-loss / ITF distal demand
5. Important calculation corrections
There are three points to address before executing this trade:
- Brokerage: ₹12,087 is approximately 0.49% of the purchase value alone. If 0.49% is intended on both buy and sell turnover, the exit-side charges must also be included.
- Interest: Your ₹51,059 interest is consistent with approximately 120 days on ₹16,02,738 at 9.69% annual interest.
- ROI: Net profit of ₹17,83,354 represents approximately 206.6% return on the initial 35% margin of ₹8,63,013, before any additional charges or margin requirements.
My assessment: The technical setup has strong timeframe alignment, but the planned stop-loss is below the overlapping ITF demand zone and the risk is substantial because of leverage. The ₹43,123 target should be treated as a price objective, not a guaranteed outcome. Position sizing and margin-call risk need to be considered independently.
Haftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.