Siemens: On the brink of a break down...???
Updated
Siemens
CMP 1336.90
Observations from chart
- made triple top around 1400 levels,
- stock is on the brink of breaking multiple blue support lines
- if broken probability of stock to fall increases
- target green zone between 1254-1200 for the current set up...
- on the upside a move towards yellow line (1362 level) should be taken as next review zone
Plan your trade accordingly...
Take care and safe trading...!!!
CMP 1336.90
Observations from chart
- made triple top around 1400 levels,
- stock is on the brink of breaking multiple blue support lines
- if broken probability of stock to fall increases
- target green zone between 1254-1200 for the current set up...
- on the upside a move towards yellow line (1362 level) should be taken as next review zone
Plan your trade accordingly...
Take care and safe trading...!!!
Trade active
From 1336.9 to 1312 currentlyThe stock gave a break down retested it and now slowly moving lower towards its target zone
Take care & safe trading...!!!
Enjoy ur weekend
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