Stock Name - Siemens Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 3065
#This is not Buy and Sell recommendation to any one. This is for education...
Basis: Siemens has given a good box breakout after nearly 8 months consolidation and supposed to be looking good. Could touch 3000 soon. Based on the situation below spread can be created for Aug'22.
Idea: Bull spread. Buy 2900 CE 1 lot and sell 3000 CE 1 lot for R:R of 1:1.52.
SL: If Siemens starts breaking down below 2800 exit. (Dont hold for too...
Stock Name - Siemens Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 2820
#This is not Buy and Sell recommendation to any one. This is for education...
Expected Direction for this month on Siemens India
if breaks resistance zone another 100 points upside rally can be expected for bull trap (this is what generally markets do )and back to support zone mentioned .
This stock has broken upside from approx 18 months of consolidation , hence may keep consolidating in between support and resistance zone
any negative...
Trading strategy: Buy with SL of 2240 and look for the target of 2600/2700. later on the measured target .
Theory:
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge...
NSE:SIEMENS
Observations:
1) 15min chart, we can see resistance channel and it also kind of formation of inverse head and shoulder pattern.
Please refer below chart : 15min Time Frame.
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Trade Setup for 01-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and...
NSE:SIEMENS
Observations:
1) On 15min time frame, we can see a temporary short term support channel.
Please refer below chart : 15min Time Frame.
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Trade Setup for 21-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything...
NSE:SIEMENS
Trade Setup for 02-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or...
NSE:SIEMENS
Observations:
1) On 1 day time frame, we can see after breakout of the resistance channel, today it tested it and made good bullish candle.
And closed in the range of 2415-2430 level range.
If it trades above this range then this range will work as support and if it trades below it then it will work as resistance.
In between this range avoid...
![SIEMENS: Simple Trade Setup | SIEMENS | 01-04-2022 [INTRADAY]](https://s3.tradingview.com/6/6f45Ln0y_mid.png "Simple Trade Setup | SIEMENS | 01-04-2022 [INTRADAY]")
![SIEMENS: Simple Trade Setup | SIEMENS | 21-03-2022 [INTRADAY]](https://s3.tradingview.com/2/2L5KqZNM_mid.png "Simple Trade Setup | SIEMENS | 21-03-2022 [INTRADAY]")
![SIEMENS: Simple Trade Setup | SIEMENS | 02-03-2022 [INTRADAY]](https://s3.tradingview.com/j/JtODnEKi_mid.png "Simple Trade Setup | SIEMENS | 02-03-2022 [INTRADAY]")
![SIEMENS: Simple Trade Setup |SIEMENS | 08-02-2022 [INTRADAY]](https://s3.tradingview.com/6/6uJKz4D5_mid.png "Simple Trade Setup |SIEMENS | 08-02-2022 [INTRADAY]")