SIEMENS
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.
SIEMENS weekly chart study - Buy setup - Bullish DivergenceBuy SIEMENS between 980-1030
Targets open
SL: 830
Up sloping channel/Small Risk TradePrices 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
Entry 932
SL 899(closing)
Target 1030
Risk/Reward Ratio 3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
BUY THE BREAKOUT SIEMENSSIEMENS 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.
DISCLAIMER:
The Legal stuff - I'm not financial adviser and all the charts posted are for paper trading .
PS make sure you give me a like , that way you get updates as I post them.... :) <3
Siemens1) 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 short term & mid term viewAll indicators are slowly turning bear to bull.. View given from Indicators levels. Closing above 1031 , chances go to reach first target.
Vijayaraghavan.K,
Kovilpatti.
LONG SIEMENS ABOVE 974Enter Long in SIEMENS above 974
T1 - 980
T2 - 986
T3 - 991
SL 962
*Always trail SL
