SIEMENS almost @ crucial support + RSI bullish divergence Long

SIEMENS INDIA LTDNSE

Description

⋅ Jun 17, 2020 12:57 PM

CMP @ 1027

1) PCR for June expiry is 37.11% Sign of Bullishness

2) RSI divergence in 30 min, 1 hour, 2 hour Time frames

3) RSI recovered from oversold area 17.34 to 34.95

4) Good risk reward, almost 1:5

Tight SL : 1007
Target : 1130

Trade closed: target reached

⋅ Jun 24, 2020 10:05 AM

Target reached :)

Comments

Kumaran32

⋅ Jun 17, 2020 3:28 PM

When ur target will hit? for this month end or next month.....just tell me appx.

srikartiram

⋅ Jun 17, 2020 4:09 PM

@Kumaran32, Im sorry i dont time the market. I check whether everything is going as per analyze thats it.

It is 1 hour time frame in my experience it may take 3 to 7 days. But cant assure..