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
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.
SIEMENS - Likely to move forward.SIEMENS - It has taken tread line support on daily as well as on weekly chart. RSI also moved ahead from over sold zone. In ADX Oscillator +DI has crossed -DI. All indicators indicating reversal of stock price. NSE:SIEMENS
Break above the range might take the stock towards 1940/1960+NSE:SIEMENS
Stock after a big up move is now trading inside a range a decisive break above the range might take the stock towards 1940/1960+ levels
All ideas shared are for educational purposes.
SIEMENS (Part-1)High chances of a breakout in Monthly Chart.
Keep an eye on this month closing price.
Siemens Looks WeakStock is trading in the range and we may see a good move once the range is broken.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Chart of the Week (30/01/2021)Chart of the Week for this week is Siemens India. The stock had hit its resistance at Rs.1720 and is now heading towards the support of Rs.1565; if Rs.1565 is broken down then shorts can be added with a target of Rs.1460; otherwise one can add at the immediate support level or buy after the resistance of Rs.1720 is broken for bullish side trade.
HOLD SIEMENS ABOVE 1590 - POSSIBLE TARGET 1700 (1W-TF BASED) It Broke 1 Yr Old Trendline. Its Sustaining on 1555 FIBONACCI LEVEL OF 78.6%
MAKE & HOLD POSITION ABOVE 1590 !!
POSSIBLE TARGET: 1700
NOTE: This Analysis Based On 1 Week Timeframe,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Siemens IndiaIt has turned from a Bearish Harmonic Bat in Weekly time frame. Sustaining below today's low 1587 would open the path for 1550/1500/1400. It faces strong resistance now at 1625, view negates above 1660
Siemens short positional or profit booking zone if you hold cashSiemens short positional or profit booking zone if you hold investments
Siemens Trade IdeaStock is approaching its supply zone of 1590, if sustains above this then it may move to the expected target as marked.
If we see rejection near the supply zone then it would come again to test the lower level marked on the chart.
Happy Trading!
InvestPro India Team
SIEMENS Long Idea1.SIEMENS bounced from Support Zone and currently facing resistance at the price zone 1553-1557 Levels
2.Stock is also making Inv H&S
3.It is also near Trendline Breakout
Must have it in your watchlist for coming days.
Crossing 1560 level can initiate a Good upside move
View negates below 1515 level
SIEMENS, Weak below 1512SIEMENS forming a Ascending Wedge and gave a fake Breakout and consolidating from then and formed a support zone (1520-1512),once it breaks and closes below support, its good to go short
