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SIEMENS

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. ------------------------------------- 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.
NSE:SIEMENS
by Trading_hawk
7
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*
NSE:SIEMENSLong
by Traders_Town
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.
NSE:SIEMENSLong
by daivick