SIEMENS 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
All the details are marked in the chart.
REMEMBER IF YOU ARE PRACTICING SAFE TRADING THEN ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
You can message me if you need any clarification.
Do corelate all the stock moves with nifty movement as per the chart below.
DISCLAIMER:
The Legal...
Expect btc to retest 6000 zone next week if it holds the support marked with yellow line.
trade cautiously and use stoploss.
Do hit a like if you agree with my trade setup.
I expect it to test the cloud support at Kijun span A and if it fails to hold then Senkou span B
once the support is tested and held then I expect nifty to test the targets marked with green.
REMEMBER IF YOU ARE PRACTICING SAFE TRADING THEN ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!...
RED LINE AS IDEAL BUY LEVEL.
BOLD GREEN LINES ARE SHORT TERM TARGETS.
STOPLOSS JUST BELOW THE REDLINE OR AS PER YOUR TRADE STRATEGY.
IF THE MARKET SUSTAINS THE MOMENTUM AND IF WE DO NOT ENTER LONG TERM BEAR MARKET IN 2019 THEN DOTTED LINES WILL BE THE LONG TERM TARGETS.
All the best and don't forget to hit like.
MARKET IS NOT SHOWING CONFIDENCE AND IT WILL GIVE LONG TERM PLAYERS A GOOD CHANCE TO BUILD THEIR POSITION FROM LOWER LEVELS.
FOR NOW YOU CAN OPEN A SHORT POSITION AND TRADE AS PER THE CHARTS.
ALL THE BEST.
