SIEMENS trade ideas
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
Siemens Short Term Trading Analysisa. Zone: Strong Bear
b. Resistance 1: 1256.45(Double Top Bearish Pattern)
c. Resistance 2: 1283.45
d. Support 1: 1215.90(Tripple Bottom Bullish Pattern)
e. Support 2: 1134.80
NSE:SIEMENS
28 AUGUST SIEMENS SHORT SELL Disclaimer: We Are Not SEBI Registered.
All Information On Chart Are For Educational Purpose.
SELL @ 1210 TGT 1197,1184++
SL 1220
Siemens Getting Ready For A BoomSiemens has been holding itself for a long time made a rounding pattern and now consolidation with support of 200 EMA is just awesome.
Keep an eye folks ...... The day it closes above 1270 with volume then only fireworks should begin.....
Cheers.......
Buy siemens above 1250 with target 1332 Currently siems is as critical support level which was initially resistance levels. If it breaks this resistance then that resistance will act as support.
SIEMENS INDIA ANALYSIS 21.08.2020BUY 1202,1194 AND 1184
TARGET 1227 TO 1253
WATCH WHERE IT IS OPENING . IF IT OPEN IN GAP DOWN IT IS IN POSITIVE MODE,SO WAIT FOE BETTER CONFORMATION.
SIEMENS towards 1367There will be short pullback and it will reach the heights to 1367 in few days.
This forecast for swing traders.
SL: Below 1200
SIEMENS LONGNSE:SIEMENS
#SIEMENS CMP 1083 DT 4/7/203
MAJOR PATTERN SEEN ON THE CHART IS A TRIANGLE AND FLAG BREAKOUT ALONG WITH ICHIMOKU CLOUD BREAKOUT ALSO WITH BULLISH KUMO TWIST HAPPENING TOO. OVERHAUL TREND IS BULLISH NOW.
A FRESH LONG CAN BE INITIATED.
BUY RANGE FROM 1122 TO 1145 SL BELOW 1083 FOR A TARGETS OF 1175 / 1200 / 1253
CHART BY HarmonicTrading™
Positional call -(Ascending Triangle - Breakout Above 1200) SIEMENS is looking very good on charts.
Showing Daily and Hourly breakout.
1100 range is being strong support.
Fibo 50% is also near 1200 once it breaks 1200 and sustains it will give good movement upside
RSI near 60 which shows a good buy sign.
Targets- 1245/ 1287/1300/1350/1400.
1200 and 1100 have good OI buildup.
This is just an educational view. Trade basing on your risk
Long: Wait for breakout of triangleCall is based on Ascending Triangle and Triple Bottom
Positional Call
Buy Above 1200 (Breakout of Ascending Triangle)
Target 1300/1400
SL 1110
Time Duration:
First Target: 1-2 Weeks
Second Target: 2-4 Weeks
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible for any loss.
