#SIEMENS: Bearish Setup for NowMy indicator recently gave a SELL signal on #SIEMENS. Here's what the chart indicates:
📉 Technical Overview:
🔹 Triple top pattern formed—a bearish signal.
🔹 Trading below all key moving averages, which are sloping downward.
🔹 Indicates a digestion phase after a strong run-up in the past.
📊 Fundamental Context:
🔹 Fundamentals remain strong, so a reversal wouldn’t be surprising.
💡 My Take:
For now, the chart signals weakness, and I’ll wait for a positive setup before considering any action.
⚠️ Disclaimer:
🔹 This analysis reflects my personal views and is for learning purposes only.
🔹 Not a recommendation to buy or sell—please do your own research or consult a professional.
Stage4
What's Next for suzlonenergy?
- Looks very bearish.
-LL-LH structure.
-Broke down of the base- Implying stage 4.
- Broke down and aiming for a close below 200DMA in
DTF.
-50 is a weak support region
- If 50 is broken and closed on a weekly basis.
Probability of testing 37-35 Increases.
This is shared just for educational purposes and is not a Buy/Sell recommendation
KPITTECH at make or break level.#kpittech - At a crucial Support region.
- Fell out of the rising wedge with huge volume.
-Fell out of a base with huge volume. Implying a
potential stage 4
- Support zone tested several times.
- Stock used to trend smoothly taking support at 200
DMA. Which is broken now.
- 1300 levels are not held then the possibility of
testing 1K region.
Looking for reversal is now not wise. The market is sell on the rise. Any long-term investors itching to buy the dip can consider adding a very limited quantity at 1300 region.
As of now looks very weak. It would be great if we get it at 1K level. I am not a fan of short selling but if anyone is good at that then keep this on radar.
This is just a view please do not take a decision without consulting your financial advisors. Chart shared is just for educational purposes.