SIEMENS | Pull Back trading Opportunity Rational : Suppor t & Resistance FIB Retractment
Buy above 2030 for Target 2080 & 2120, ++++ SL below 1990 (Candle Close)
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
NSE: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...
Siemens is at very important level KEEP AN EYE
Levels already mentioned in chart(Observing since 3 day's) within 2 day's It might Give breakout..
The 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
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
Siemens did a Breakout after forming a Cup & Handle format.. Now, the Breakout level is successfully retested through a Pullback.
Simple flag and pole, a decent breakout can take the stock to ATH. Favorable RR
Siemens 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 Follow Us || Do Like this idea || You can also check the below related trading ideas and my personal trade setups.
Thought 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.
86 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.
Good consolidation, can give a breakout soon above the range
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