SIEMENS trade ideas
Chart of the Week (30/01/2021)Chart of the Week for this week is Siemens India. The stock had hit its resistance at Rs.1720 and is now heading towards the support of Rs.1565; if Rs.1565 is broken down then shorts can be added with a target of Rs.1460; otherwise one can add at the immediate support level or buy after the resistance of Rs.1720 is broken for bullish side trade.
Flag Pole structure in SiemensPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
HOLD SIEMENS ABOVE 1590 - POSSIBLE TARGET 1700 (1W-TF BASED) It Broke 1 Yr Old Trendline. Its Sustaining on 1555 FIBONACCI LEVEL OF 78.6%
MAKE & HOLD POSITION ABOVE 1590 !!
POSSIBLE TARGET: 1700
NOTE: This Analysis Based On 1 Week Timeframe,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Siemens IndiaIt has turned from a Bearish Harmonic Bat in Weekly time frame. Sustaining below today's low 1587 would open the path for 1550/1500/1400. It faces strong resistance now at 1625, view negates above 1660
#Siemens cash : Looks good above 1660.10#Siemens cash - Positional call
12.01.2021
Looks good above 1660.10
Stoploss 1645
Tgt 1674-1675/1698
cmp 1642.55
Siemens short positional or profit booking zone if you hold cashSiemens short positional or profit booking zone if you hold investments
Siemens Trade IdeaStock is approaching its supply zone of 1590, if sustains above this then it may move to the expected target as marked.
If we see rejection near the supply zone then it would come again to test the lower level marked on the chart.
Happy Trading!
InvestPro India Team
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, Weak below 1512SIEMENS forming a Ascending Wedge and gave a fake Breakout and consolidating from then and formed a support zone (1520-1512),once it breaks and closes below support, its good to go short
SIEMENS : Buy coming soon...Nice buy setup coming soon.. for a good RR Do not miss..
Happy trading.
IF you LIKE my analysis, please click on like button as more people will see it and can make money too.
expecting to go down formation of ascending wedge in uptrendgo short if the lower trend line is broken
Siemens Intraday - Rising Channel BreakdownSiemens: Intraday
Rising Channel Breakdown Possibility
Sell Below 1522 with a SL 1540
SIEMENS TRIANGLE BREAKOUTThe stock has had a steep rally and consolidated as an ascending triangle.
Buy @ 1550-1555 with at stop loss below 1528 for targets of 1600.
#SIEMENS WEEKLY CHART VIEW!!#SIEMENS WEEKLY CHART VIEW!!
Siemens Ltd. witnessed a breakout from the weekly resistance zone and now trading right below another resistance zone of 1540-1560 zone.
Likely to see further strength above the hourly close of 1565 level.
Technical parameters look positive as of now.
Keep a watch.
siemens I A stock full of price patterns wow stock still upwards momentum is onnn
.
.
.
happy trading & investing
god bless you
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.
