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
Siemens Breakout stock now breakout stock now stock market trading
I will buy SIEMENS because : It has been forming continuous support It has formed another small support It is similar to the previous support zones and can show 20% move upwards. Entry : 2106/2148 Target : 2500/2600 Stop loss : 2034
10% upside space with 80 points SL below the TL. Swing traders can watch this.
Simens took good support over Lower TL of Channel. Good RR setup of 1:2.5+ above 2145.
NSE: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)...
RSI has stopped making a new low. We can see upside in Siemens if it sustains above 2154. Buy for target of 2237/2281
Sales have increased by 100% in the last quarter and company has turned from losses to profits.
Siemens consolidating in a Parallel Channel formation. Price is at the upper resistance of the channel. A breakout or rejection from this level will provide us with a good move from here.
Support and resistance strategy Buy Near 2207 SL- 2159.30 TGT- 2257.40
#SIEMENS momentum bullish reverse divergence on weekly seems working now with a bounce near support zones. all timeframes have good momentum and trend.
Breakout trade check to the chart for more information
NSE:SIEMENS Trendline breaks and Retracement done.
SIEMENS 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...
Yearly 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...
Key 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...
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.