I AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Black up and down arrow--touches of support line
**cmp:2980
In this chart, I can see good DOUBLE...
Stock Name - Siemens Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 3065
#This is not Buy and Sell recommendation to any one. This is for education...
Stock Name - Siemens Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 2820
#This is not Buy and Sell recommendation to any one. This is for education...
This idea is 2nd follow-up to Siemens
You can check the Link to Related Ideas - Trade activation explained at levels of 2400 ( Symmetrical Triangle BO in detail )
Talking about Targets - Target 1 was the Symmetrical Triangle Bo Top node. Target 2 was a Fibo extension created from 2530 to 2200, extended levels were Targets.
Disclaimer: The information...
Trading strategy: Buy with SL of 2280 and look for the target of 2700/2900/ and 3050 the measured target .
Theory:
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as...
This idea is a follow-up to Siemens
You can check the Link to Related Ideas
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
I daily make market analysis videos and posts on Financial markets
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor
Trading strategy: Buy with SL of 2240 and look for the target of 2600/2700. later on the measured target .
Theory:
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge...
NSE:SIEMENS
Observations:
1) 15min chart, we can see resistance channel and it also kind of formation of inverse head and shoulder pattern.
Please refer below chart : 15min Time Frame.
-------------------------------------
Trade Setup for 01-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and...
NSE:SIEMENS
Observations:
1) On 1 day time frame, we can see after breakout of the resistance channel, today it tested it and made good bullish candle.
And closed in the range of 2415-2430 level range.
If it trades above this range then this range will work as support and if it trades below it then it will work as resistance.
In between this range avoid...
NSE:SIEMENS
Observations:
1) On 1hr time frame, we can clearly see it came out from the falling channel and now it gave closed in range of 2345-2360. which is working as resistance and support.
Breakout of this range will give good upmove.
Please refer below chart : 1hr Time Frame.
2) On 15min time frame, we can see that it has made inverse head and...
NSE:SIEMENS
Observations:
1) On 1day time frame, it closed below 10DMA.
10DMA is placed at 2362.46.
Immdiate resistance level will be 2360-2365 level range.
Also Immediate support range is 2300-2320 level range.
Immediate breakout level is 2400 level.
Please refer below chart : 1 day Time Frame.
2) On 1hr time frame, If had made rounding bottom...
Yearly Growth Siemens has seen in the last 3 years
2019 - 83%
2020 - 73%
2021 - 39%
Prices have been rangebound for the last 58 days
In daily frame the prices have breached the resistance and sustained. Should it close above tomorrow. That position itself can be used as Support for entry. Ideal resistance level to watch out for is between 2035 and 2044
In 60...
![SIEMENS: Simple Trade Setup | SIEMENS | 01-04-2022 [INTRADAY]](https://s3.tradingview.com/6/6f45Ln0y_mid.png "Simple Trade Setup | SIEMENS | 01-04-2022 [INTRADAY]")
![SIEMENS: Simple Trade Setup |SIEMENS | 08-02-2022 [INTRADAY]](https://s3.tradingview.com/6/6uJKz4D5_mid.png "Simple Trade Setup |SIEMENS | 08-02-2022 [INTRADAY]")
![SIEMENS: Simple Trade Setup | SIEMENS | 13-01-2022 [INTRADAY]](https://s3.tradingview.com/f/FGhtSkhW_mid.png "Simple Trade Setup | SIEMENS | 13-01-2022 [INTRADAY]")
![SIEMENS: Simple Trade Setup | SIEMENS | 18-11-2021 [ INTRADAY]](https://s3.tradingview.com/f/FKY6cCCP_mid.png "Simple Trade Setup | SIEMENS | 18-11-2021 [ INTRADAY]")
