SIEMENS trade ideas
Chart Pattern # Siemens
1) Fall expected till 1143 level - Target 1 with bullish pullback or
2) direct fall after reaching target 1
Siemens_Bounce Back from Double Bottoma. Zone: Weak Bull
b. Resistance 1: 1244.5
c. Resistance 2: 1251.05
d. Support 1: 1198.65
e. Support 2: 1179
NSE:SIEMENS
SIEMENS is Making Rectangle Channel Pattern (Breakout Trade)Siemens : Automation Company ( NSE:SIEMENS ) is Making Rectangle Channel Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Another V trade"This is my trading journal, not a trade recommendation. For details on how to trade V see the tutorial posted on how to trade V setup.
DISCLAIMER:
Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
SIEMENS is Making Ascending Triangle Pattern (Breakout Trade)Siemens : Automation Company ( NSE:SIEMENS ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Siemens Ltd. Siemens Ltd.
Consolidating in an Ascending triangle pattern in the weekly chart and recently attempted a failed breakout.
Further strength to be seen only above 1270 on a closing basis in the daily chart.
On the downside, 200 SMA at 1195 likely to act as a crucial support.
Keep a watch.
Breakout and retraceSiemens has give breakout retraces after beautiful consolidation and ready to flu
SIEMENS Delivery based buyingLast 45 min buying, the stock may gap up Delivery based buying happening
SIEMENS WEEKLY CHART VIEW#SIEMENS WEEKLY CHART VIEW
Siemens Ltd. consolidating in an ascending triangle pattern in the weekly chart and also trading in an Inside bar candle.
Breakout from the pattern to take place above swing high of 1270 level.
In the short term, 1120-1140 zone likely to act as a support.
Technical parameters look neutral as of now.
Keep a watch.
Close above 1250 is a good buy. Price nearing April 2020 resistance, if breaks and closes above strongly then one can go for BUY.
If price come back to trend line support and if you are an aggressive trader then go long with small stop loss.
Downward breakout from Triangle. SHORT OpportunityCall is not yet active. Wait for the volume confirmation and price closure below 1150.
Entry ~1150
SL~ 1249
Target ~ 995
Disclaimer: Wait for Volume confirmation and price closure
Parallel pattern in SIEMENSParallel pattern in SIEMENS . Below are trading opportunities available in parallel pattern .
When the price breaks resistance with strong bullish candle , go for long
When the price hits the top of the channel, take a short position.
When the price hits the bottom of the channel, take a long position
Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Siemens Short Term setup Stop loss should be compulsory and according to your risk appetite and trading system.
Targets for me are 1300, 1357, 1425. I will close all the positions at 1425
Always have a reason as to why to go long or short (This post is my reason why I want to go long in Siemens, for you it could something like RSI is below 30 and now has crossed above 30, which is a bullish sign), then use your risk management to decide the stop loss level. Look at the upcoming resistance and support levels and decide target accordingly. This is how you should take a trade. Once all this is taken care of, use your trading method, which could be breakout trading, pullback trading, or any other method, to enter the trade. All this is what a trading system is and sometimes loss may incur, but if you continue trading with proper trading system, in the long run you will be profitable!
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
Long Trade Set Up One can Look for Entering on 1 Hour Reversal after tag 1200 , and Look to Book Near forecast Target
Once the price move away form your buy level , place an stop above the cost and let the trade run until it near the target book using Trailing stop Method
This move up is coming , Wait for Set up
