Long Term - SiemensBuying Range1 - 500 WMA High
Buying Range2 - 500 WMA Low
Buying Range3 - Trend line from 2008
SIEMENS trade ideas
Siemens (perfect patience for zone)we can see the occurrence of a clear zone. This either gives a breakout or breakdown. we can also see there is multiple testing of Support and Resistance and finally took its breakout after reversal and clear confirmation (in 5m).
Check it in 5m timeline for better observation.
siemens buysiemens buy with tight stoploss. siemens is having strong buying momentum, however we should stay cautious
SIEMENS Res Breakout Retest DoneSupport and resistance strategy
Buy Near 2207
SL- 2159.30 TGT- 2257.40
#SIEMENS momentum bullish reverse divergence on weekly working#SIEMENS momentum bullish reverse divergence on weekly seems working now with a bounce near support zones.
all timeframes have good momentum and trend.
Siemens Breakout Siemens Range breakout trade entered today.. How it was entered and trailing SL is maintained. Despite todays falling market it was a strong long candidate.
CONSOLIDATES AND BO priviously it consolidated and gave bo and a nice move 17%
now even it has given bo from the same pattern
tgt to expect 2174/2241/2281 ( can make a all time high )
Siemens Cmp 2086 dated 6.8.2021Siemens Cmp 2086 dated 6.8.2021
Buy Above 2100 for a tgt of2125-2150-2180 SL
2050
It is just a view, pls trade at your own risk.
Breakout on 3hr tf in siemens Siemens looks like a good long opportunity in the long side on 3hr time frame chart
SIEMENS Looks good to buy at cmp,
3 confirmations for upside move -
1. took support from prev resistance,
2. Tl breakout, and
3. 38% fib retracement.
Targets can be 2179 and 2455.
Swing Opportunity in SiemensGo Long above 1997.05 for Targets of 2074.1 and 2151.15 with SL 1920
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level.
3. In addition to this the stock gave a Trendline breakout.
4. Also there is a Demand Zone (marked with purple color), as the stock was facing resistance from this zone and after the breakout, it is providing support to the stock.
SIEMENS Trend AnalysisSIEMENS Trend Analysis, break trend line on monthly time frame & take Support from trend line
SIEMENS IS BULLISHSIEMENS IS READY FOR A BULL MOVE
Trade idea- Double Bottom chart pattern.
Price is above 50SMA, hence is trending
BEARS tried to push the price down twice and failed. a beautiful support is take from 1924.65 and
BULLS were aggresive enough to push the price back up
FUNDAMENTALS:
Dividend Yield 0.34 %
ROCE11.4 %
ROE 8.29 %
Piotroski score 5.00
Graham Number ₹ 410
SOURCER: screener.in
THIS TRADE IDEA IS ONLY FOR EDUCATION PURPOSE
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.
