SIEMENS
Sell Limit Siemens 1259/- Sell Limit NSE:SIEMENS 1259/- , Looks nice again , prefer my previous analysis
Siemens-Buy above 1250 for safe tradeabove 1225 can see up trend but for safers can look only above 1250
Have broken important supportSiemens has broken important support. Likely to touch 1140 near trendline. If it manages to break the trendline next target will be around 1080
Risk trade intraday vs Good raward and ration on SIEMENSThe protective stop should be below 1297 and target mentioned in the chart.
Daily ATR is 36.
Open at 1361 and low 1267
1361-1267 = 106p (intraday moved)
Watch for flag pattern breakout in Siemens. Flag pattern in the Siemens. Wait for the breakout.
If it breaks up, go long with the previous candle low as SL.
If it breaks down, short it with previous candle high as SL.
expandingcheck for lower time frame once it gives a reversal then u can go long with stops near ur retacement
refer chart for details
Siemens Has broken its down trend!Siemens has broken its down trend finally!
Its certainly worth looking at a good entry and riding the uptrend!
Siemens : Further low before it forms a base and reversesSiemens could be near its low but a looks like there would be a further dip before which it forms a base and reverses. So one should just watch and trade only post a confirmation. RSI is nearing an oversold region.
