KishanMittal

SIEMENS - Simple Price action

Long
NSE:SIEMENS   SIEMENS INDIA LTD
Thought Process - Price has rejected multiple time from its resistance level of 1900 (at which there is a massive open interest of Call Writers), one it holds 1900 levels there can be a good breakout leading the price to its next round level of 2k.

Trade Plan - 50% positions can be initiated now with SL of 50EMA on a closing basis & next 50% when it holds 1900 levels.


Comment: viewers must have minted some money!
Comment: Made a high of 1960
Comment: Book 50% positions at 2030
Comment: Upper Circuit... hahaha

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