Buy above 1180 with Sl at 1158
Sell Below 1158 with SL at 1180
~ Inside bar trades are generally aimed to capture the compression effect i.e sharp breakouts. Profits are
taken quicky or trailed in most of the cases and closed before market close barring rare cases where price action analysis suggests otherwise.
~Manage risk, reward will take care of itself
Siemens July 6 2020 performance .
Buy level at 1179
Siemens levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistance levels are unlike others , we opt for hourly charts and technical analysis. Our analysis is based on...
SIEMENS BUY ABOVE 1130-1150
TARGET: 1172, 1182, 1195, 1208, 1218
IF SUSTAIN ABOVE 1225 THEN 1245 POSSIBLE
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After the block deal of share transfer between the holding entities, Siemens India rallied and consolidated near the upper trend line of the triangle pattern.
On 03 July 2020, long green candle was formed in day chart above the upper trend line of the triangle pattern. Volume saw a huge spike indicating a big money move.
If the price sustains above the upper...