Prices have nicely formed Up sloping channel which offers an opportunity to trade it at current level by risking a small amount. Prices have bounced at retest of lower trend line. We can initiate the long trade as the details given below
Risk/Reward Ratio 3
Disclaimer : All ideas are my personnel view. Please take financial...
1) Large volumes at triple top
2) Large delivery volume plus high OI
3) Capital good sector showed good numbers
4) About to exit accumulation phase
5) Trades at P/E 33x - foreign promoters - primarily in T&D space - New Orders grew by 38.1% to Rs. 3,720 crore compared to Rs. 2,694 crore in the fourth quarter of Financial Year 2017
SIEMENS is looking bullish and with increased volume it looks like it will breakout the trend formed since feb 2018.
open a trade once it breaks out with strong volume.
The Legal stuff - I'm not financial adviser and all the charts posted are for paper trading .
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Refer chart for target and stoploss. Indicators may turn positive side. It may reach the target 1 with help of indicators. If closing above target 1, It may go upto target 2.
SIEMENS again can be sold only below 1164.5 with Stop-loss of 1174 and Target of 1132.Please consult your financial advisor before taking this call. Or you may consider to HEDGE your position as SIEMENS is closing its support area.
Siemens NSE:SIEMENS has lost 4.3% on NSE today, well below Ichimoku cloud with Volumes 2.5x of average traded on NSE.
Sell SIEMENS below 1090 with SL of 1199 and Target 1 at 1182, target2 at 1174 and Target3 at 1165
Strategy for today and monday. Trade must be terminated on Monday EOD
No Naked put-call Buy/sell
Buy JAN 1260 Siemens call @ 21-24 range
Sell JAN 1280 Siemens call @ 12-13 range
Don't buy more than 1 lot , You need capital of 1 lakh.
Keep supertrend stoploss of 1256 on closing EOD basis , target 1280 whichever comes first.
This trade must be...
No Naked futures or options trade.
Let's wait till 3.15 , Don't enter the trade right away ,
Today it must be red candle ,Price should close around 1287i.e towards days low (below 1287 would be ideal)
Simple strategy :
1)Buy 1300 JAN put , sell 1260 Jan put (stop loss will be close above today's candle if today is...
After witnessing the last quarter in a steady downtrend a positive divergence seen in mid December has produced a reversal in this counter and has seen the price rise steadily higher into the value zone around 1280. Momentum indicators shown on the charts are also in sync with the prices as the resistances are been challenged. The support lent by the median line...
Sell siemens at current levels with a target of 1246 for immediate trade.
In the medium term, Siemens is in a bullish trend. Buy anywhere near the confluence line - 1300 for a 3-4% gain in a fortnights time.
Recommendation based on fibonacci analysis.