When the Trend Breaks, Try to Trade With the Trend
Retested the trendline and closed above it. Expecting higher high soon.
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. ------------------------------------- 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. ------------------------------------- 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..... can be bought for 2600+............................................
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...
NSE: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...
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...
SIEMENS has given breakout on daily time frame, if it sustains above the previous resistance it can be considered for Long position.
Siemens 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...
Stock should move downward to test 2400 levels - Price is in the overbought zone Disclaimer: View for Education purpose only, not to be considered as a trading advice.
#SIEMENS Looking good as it has given a Breakout and above the major resistance level. Keep it on your radar.
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...
SIEMENS: Few key points to note: - A Bearish WOLFE WAVE has been formed -RSI Exaggerated Divergence I expect downside reversal from this point. However the trade gets activated once it closes below 2376 and the expected target is 2294. CHART & ANALYSIS – ADARSH DEY
Siemens price action + harmonic studies,, was bearish a lot in last few days, now after correction many of them msg me,, would like to say just follow what your study is willing to tell you