Simple Trade Setup | SIEMENS | 01-04-2022 [INTRADAY]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 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 gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
SIEMENS
Simple Trade Setup | SIEMENS | 21-03-2022 [INTRADAY]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 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 gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | SIEMENS | 02-03-2022 [INTRADAY]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 gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup |SIEMENS | 08-02-2022 [INTRADAY]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 to take any trade.
Please refer below chart : 1day Time Frame.
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Trade Setup for 08-02-2022
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 gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | SIEMENS | 20-01-2022 [INTRADAY]NSE:SIEMENS
Observations:
1) On 1 day time frame, we can see that it bounce from 50DMA. 50DMA is immediate support. Since tomorrow there will be dedcution of Rs 8 from price as of dividend. So we can expect price to be open with that in consideration.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see that if has came out from the channel resistance And closed at 2380 level.
Please refer below chart : 15 min Time Frame.
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Trade Setup for 20-01-2022
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 gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Siemens long opportunityNSE:SIEMENS
Hello all!
Siemens has been moving in a channel since Feb 2021. It came back to its lower trendline, took support, and bounced off. It also broke the trendline 1. This I believe generates a good opportunity to go long!
Apart from price action, there are other factors too which strengthen my conviction:
->Support from 50 day EMA
->Stock took support from the golden zone (50%-61.8% fib level)
The reward to Risk ratio also seems decent to enter this trade.
Do let me know your thoughts on this
*NOT A CALL*
Simple Trade Setup | SIEMENS | 13-01-2022 [INTRADAY]NSE:SIEMENS
Observations:
1) On 1hr time frame, we can clearly see it came out from the falling channel and now it gave closed in range of 2345-2360. which is working as resistance and support.
Breakout of this range will give good upmove.
Please refer below chart : 1hr Time Frame.
2) On 15min time frame, we can see that it has made inverse head and shoulder pattern and gave breakout of it. On wider picture we can also see rounding bottom pattern.
Neckline is the same range 2345-2360.
Please refer below chart : 15min Time Frame.
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Trade Setup for 13-01-2022
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 gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Buy for Long Term Target 2253Siemens is a long term buy on monthly charts. with a positive MACD crossover and have respected the 78 percent retracement of fibonacci levels.
Long Siemens for following target
T1 - 1717
T2 - 1953
T3 - 2253
T4 - 2820 (aggresive)
Stop Loss - 1180 (monthly closing Basis)
More risky investor can keep SL at 1096
Note: This is monthly setup and will take 12-24 months to achieve this target.
Simple Trade Setup | SIEMENS | 18-11-2021 [ INTRADAY]NSE:SIEMENS
Observations:
1) On 1day time frame, it closed below 10DMA.
10DMA is placed at 2362.46.
Immdiate resistance level will be 2360-2365 level range.
Also Immediate support range is 2300-2320 level range.
Immediate breakout level is 2400 level.
Please refer below chart : 1 day Time Frame.
2) On 1hr time frame, If had made rounding bottom pattern. But couldn't give breakout of 2400 level.
But it is sustaining above 2300 level range.
Please refer below chart : 1 hr Time Frame.
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Trade Setup for Date: 18-11-2021
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 gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Siemens Long opportunityNSE:SIEMENS
Hello all!
Here we can see that Siemens is taking constant supports from the supporting trendline since Dec 2020. The stock is now again at its supporting trendline which creates a good opportunity to go long!.
There are three strong reasons for me to take this trade:
1) The support zone at 2150 levels
2) The presence of a strong 50 day EMA
3) The Fib level of 50% which is the level to which a stock usually retraces to before continuing its upward journey
Thus there is a triple confluence. The Reward to Risk ratio is also favorable. Also nifty is extremely bullish which further reduces the risk.
Do let me know your thoughts on this!!
*NOT A CALL*