Cyber Monday saleUp to 70% OFF

SIEMENS

SIEMENS is Making Rectangle Channel Pattern (Breakout Trade)Siemens : Automation Company ( NSE:SIEMENS ) is Making Rectangle Channel Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already fixed in the chart pattern. Thank you. You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit. Chart Published By Ravinder Sharma
NSE:SIEMENS
by R_Sharma
SIEMENS is Making Ascending Triangle Pattern (Breakout Trade)Siemens : Automation Company ( NSE:SIEMENS ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already fixed in the chart pattern. Thank you. You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit. Chart Published By Ravinder Sharma
NSE:SIEMENS
by R_Sharma
Siemens Short Term setup Stop loss should be compulsory and according to your risk appetite and trading system. Targets for me are 1300, 1357, 1425. I will close all the positions at 1425 Always have a reason as to why to go long or short (This post is my reason why I want to go long in Siemens, for you it could something like RSI is below 30 and now has crossed above 30, which is a bullish sign), then use your risk management to decide the stop loss level. Look at the upcoming resistance and support levels and decide target accordingly. This is how you should take a trade. Once all this is taken care of, use your trading method, which could be breakout trading, pullback trading, or any other method, to enter the trade. All this is what a trading system is and sometimes loss may incur, but if you continue trading with proper trading system, in the long run you will be profitable! I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and trade carefully! Grateful!🙏
NSE:SIEMENSLong
by inteliigentrader
1