Siemens india near break out of Symmetrical Triangle on daily and weekly charts
1. Weekly / Monthly RSI Abv 60 2. Harmonic Patter ABCD 3. Major Support near 3630 Buy on Dips with Tgt 3950- 4100- 4310- 4550 (positional) Stock taking 20SMA support.
I am not an expert, I Just share interesting charts here. Please take expert opinion before investing as investment in stock market is subject to market Risks
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Stock moving in our direction with breakout of the triangle pattern
@rajivrajeev, Thanks for the chart, 4100 is yet to come I think. Can we hold for 4550?
rajivrajeev
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@spacious, yes dear Keep trailing stop loss at 3950 and hold. However for positional 4500 tgt Stop loss remains at 3750. Please seek Expert opinion as well I am not expert on subject I am just an experienced chart analysis trader.
spacious
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@rajivrajeev, Chart analysis of Experienced persons gives good insights :-) , am holding stock.
rajivrajeev
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trail with SL at 3880
rajivrajeev
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we will achieve Almost First Target today morning at opening
now trailing Stop loss is 3950