SIEMENSSIEMENS:- Ascending triangle pattern has been formed, stock has also given breakout, keep your eye on the stock
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rest details mentioned in the chart.
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SIEMENS
Siemens Flat BaseA good consolidation in siemens for 21 weeks. The price hasn't broken out of the range yet. Keep a close eye; added to Watchlist.
This is not a recommendation. The chart analysis is only for educational purposes. Please consult your financial advisor before making any buy or sell decision.
WEEKLY 23-1-2023Banknifty is in uptrend, its Montly and weekly RSI is 64 and almost 60 respectively. Daily RSI taking support @ 40. Its a good buy for swing and positional view. Major support near 41800- 42000 and specific SL below 41635. Banknifty is trading in a long channel and is currently at lower end of the channel. Further for last 3 weeks its is within a range and is not moving in any direction. I can sense a big move ahead.
Finance nifty is similar to Bank nifty and its major support levels are 18550 - 18600 and SL below 18500 levels
Stocks to watch for positional view
MINDACORP (breakout of triangle on weekly chart) Strict SL below 210 and TGT can be 256-268
INDIGO (Breakout abv 2070) SL below 2030 and TGT can be 2271
Godrejconsumer (Breakout of Ascending Triangle on weekly chart) SL below 900 and TGT can be 955-970
Stocks for Swing are
SIEMENS SL Below 3000 tgt 3240-3320
SBIN SL below 575 TGT 610- 628
HAL SL below 2430 TGT 2564 - 2620
Previous Week Positions.
LT -- TGT achieved
mphasis stoploss triggered
ABCAPITAL --- still open TGT 170+ SL below 138
TATACOMM ---- Still Open TGT 1460 SL below 1310
Please seek professional advise before investing. The views expressed are personal opinion of author for his study purpose (records) only and author is not a professional advisor on the subject. Author shall not be personally responsible for loss / discrepancies if any arising out of the above report
SIEMENS - Ichimoku Bullish Breakout 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 3085
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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SIEMENS Ready for a Sharp CORRECTION MOVE ??!!!Chart patterns poise way for the above titled opinion
Reasons
1. SIEMENS travelling in a Ascending channel (From 2019)(Bright red & green lines shown in chart).
2. Now, it seems ready for the downswing (white trendline descending channel shown in chart) inside the Ascending channel.
3. Rounding top too confirming the chances of down move .
4. GAP b/w 6th & 7th December is acting as Support.
Entry can be made after the yellow trendline gets broken.(Keeping the high of the breakdown candle as SL)
FIB 0.5 can act as support in downside(1st target)- 2645
Safe SL mentioned @ chart.(IF WE ENTER NOW)
Let's wait & watch how it moves!!!!
Note - Just Sharing my view...not a tip nor advice!!!
SIEMENS INDIA||09-12-2022||SWING AND SHORT TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Black up and down arrow--touches of support line
**cmp:2980
In this chart, I can see good DOUBLE BOTTOM pattern
The Resistance Line was breached with very good candle
keep following We will grow like healthy society.
SIEMENS- Ichimoku Bullish Breakout 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 purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Siemens India: Positive Breakout after a long hiatusBasis: 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 long.)
Target: Exit with profit as soon as it touches 3000. (Dont hold for too long.)
If above is risky then one can buy Siemens in cash at current levels for target of 3000 with SL of 2790.
Thanks
(Above is for education purpose only. Pl consult your financial advisor before investing.)
SIEMENS - Ichimoku Bullish Breakout 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 purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
SIEMENS INDIA 3 HR- CHARTExpected 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 break or continuous trade for more than 1 week below support zone if happens need to be re-analyzed :)