Siemenslong
SIEMENS IND LTD - Possible breakout expected tomorrow at openingYearly 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 min time frame the prices have tested the resistance level 3 times today and is in the range for a perfect breakout
Gap up opening was registered between yesterday and today with a Bulllish Kicker
BB is in order in all time frames
200 DMA breakout shows positive in daily and 60mins time frame
Entry: 2029
Target: 2099 (Rs 70)
Stop loss: 2021 (Rs 7)
Risk to reward : 9.06
Observe the opening and enter if the situation is progressive. Else wait for correction.
Siemens- Rebounding from 200 MA clusterKey Highlights:
1. Approaching trendline
2. Bullish MS on the lower time frame
3. Rebound from 200 MA cluster
4. Volume expansion
5. Early signs of reversal
6. RSI strongly curving upwards
7. Stop loss: 1920
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Siemens India is looking good on Daily chartNSE:SIEMENS
Siemens is looking good on daily chart. Trying to breakout the triangle pattern and RSI is also supports the breakout. Once cross the level of 2025 rs it will give good move in long position.
Entry: 2035 rs
SL: 1960 rs
Target: 2250 rs
Please share with your family and friend if you like the idea to go long. This chart is only for education purpose. Consult with your financial advisor before making any investment.
SIEMENS Long Idea1.SIEMENS bounced from Support Zone and currently facing resistance at the price zone 1553-1557 Levels
2.Stock is also making Inv H&S
3.It is also near Trendline Breakout
Must have it in your watchlist for coming days.
Crossing 1560 level can initiate a Good upside move
View negates below 1515 level
Siemens - Bullish Breakout with Ultra High VolumeNote: This is for educational purpose only.
There seems to be a bullish breakout with ultra high volume from both rising channel as well as breakout from long term support turned resistance. RSI is above 70 so there will be a consolidation/ side ways movement before the next up move.
SIEMENS INDIA LTD - ASCENDING TRIANGLE BREAKOUTTARGET ON THE CHART.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
Siemens India: Looking for an early break out from the triangle After the block deal of share transfer between the holding entities, Siemens India rallied and consolidated near the upper trend line of the triangle pattern.
On 03 July 2020, long green candle was formed in day chart above the upper trend line of the triangle pattern. Volume saw a huge spike indicating a big money move.
If the price sustains above the upper trend line of the triangle pattern with a considerable volume, it would be an early break out and the erst while upper trend line will turn to be a support line.
In case of early break out, buy near 1135 during a surge after a pull back to 1120 levels.
1st Target - 1200-1230; 2nd target - 1250-1270
SL - 1105.
Indicators:
1. MACD has a positive crossover and looking for a divergence
2. ADX indicate strength of the upward move
3. Price crossed and closed above 200 EMA and 20 and 50 EMA point upwards.
4. RSI not yet in overbought zone
Caution: Since this is an early break-out without any strong fundamental news, respect the SL