SIEMENS Res Breakout Retest DoneSupport and resistance strategy
Buy Near 2207
SL- 2159.30 TGT- 2257.40
SIEMENS
#SIEMENS momentum bullish reverse divergence on weekly working#SIEMENS momentum bullish reverse divergence on weekly seems working now with a bounce near support zones.
all timeframes have good momentum and trend.
SIEMENS IS BULLISHSIEMENS IS READY FOR A BULL MOVE
Trade idea- Double Bottom chart pattern.
Price is above 50SMA, hence is trending
BEARS tried to push the price down twice and failed. a beautiful support is take from 1924.65 and
BULLS were aggresive enough to push the price back up
FUNDAMENTALS:
Dividend Yield 0.34 %
ROCE11.4 %
ROE 8.29 %
Piotroski score 5.00
Graham Number ₹ 410
SOURCER: screener.in
THIS TRADE IDEA IS ONLY FOR EDUCATION PURPOSE
SIEMENS IND LTD - Possible breakout expected tomorrow at openingYearly Growth Siemens has seen in the last 3 years
2019 - 83%
2020 - 73%
2021 - 39%
Prices have been rangebound for the last 58 days
In daily frame the prices have breached the resistance and sustained. Should it close above tomorrow. That position itself can be used as Support for entry. Ideal resistance level to watch out for is between 2035 and 2044
In 60 min time frame the prices have tested the resistance level 3 times today and is in the range for a perfect breakout
Gap up opening was registered between yesterday and today with a Bulllish Kicker
BB is in order in all time frames
200 DMA breakout shows positive in daily and 60mins time frame
Entry: 2029
Target: 2099 (Rs 70)
Stop loss: 2021 (Rs 7)
Risk to reward : 9.06
Observe the opening and enter if the situation is progressive. Else wait for correction.
Siemens- Rebounding from 200 MA clusterKey Highlights:
1. Approaching trendline
2. Bullish MS on the lower time frame
3. Rebound from 200 MA cluster
4. Volume expansion
5. Early signs of reversal
6. RSI strongly curving upwards
7. Stop loss: 1920
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Head and Shoulders Pattern Breakout in SIEMENS for target 1785-On 1 day time frame SIEMENS given breakdown of head and shoulder patter. It indicating further downside in this stock. Next downside target possible 1840 and 1785 in upcoming few trading sessions. Upside we can place stop loss @2060 for this short side trade.
SIEMENS | Pull Back trading Opportunity SIEMENS | Pull Back trading Opportunity
Rational :
Suppor t & Resistance
FIB Retractment
Siemens Break out and Retest Buy above 2030 for Target 2080 & 2120, ++++
SL below 1990 (Candle Close)
SIEMENS down trend Alart SIEMENS down trend Alart :-
1. primary trend line support breaked
2. descending triangle pattern foremd 80% confirmation bearish
3. once Head and Sholder Pattern in daily chart
4. descending triangle pattern breakdowned line 100% go to down side demand zone very fast blast price
Siemens India is looking good on Daily chartNSE:SIEMENS
Siemens is looking good on daily chart. Trying to breakout the triangle pattern and RSI is also supports the breakout. Once cross the level of 2025 rs it will give good move in long position.
Entry: 2035 rs
SL: 1960 rs
Target: 2250 rs
Please share with your family and friend if you like the idea to go long. This chart is only for education purpose. Consult with your financial advisor before making any investment.
Siemens seems BullishLevels already mentioned in chart(Observing since 3 day's) within 2 day's It might Give breakout..
Siemens - Cup with Handle BreakoutThe Chart shows near perfect Cup with Handle pattern and it is an excellent opportunity to enter in a long position.
Long Term Target within a year - 3000+
Long Term Stoploss - 1800
Siemens BULLISH hourly uptrend
BUY @ 2023
Target @ 2142
SL @ 1979
Risk /reward = 2.6
Trading period will be for less than week if breaks the all time high then will move up further
Successful Rest of the Resistance turned Support line post BOSiemens did a Breakout after forming a Cup & Handle format.. Now, the Breakout level is successfully retested through a Pullback.
SIEMENS (ATH Possible)Simple flag and pole, a decent breakout can take the stock to ATH. Favorable RR
Siemens Analysis- SellSiemens has taken u turn from our harmonic prz level. Confirming its weakness with shooting star. Consider shorting this from the below levels.
SIEMENS
Sell -Below 2000
SL -2010
Target- 1910
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You can also check the below related trading ideas and my personal trade setups.
SIEMENS - Simple Price actionThought Process - Price has rejected multiple time from its resistance level of 1900 (at which there is a massive open interest of Call Writers), one it holds 1900 levels there can be a good breakout leading the price to its next round level of 2k.
Trade Plan - 50% positions can be initiated now with SL of 50EMA on a closing basis & next 50% when it holds 1900 levels.
Siemens sometime bears have no mercy86 days of price activity presented for your view. Walkthrough slowly to understand better. All these 86 days trading only 16 days bulls managed to breach the resistance. But the bears took the control for a long time.
