SIEMENS trade ideas
Siemens Buy Short TermSiemens create the #triangle breakout in the 1-hour timeframe and the upper side target is 1180-1220. Stop-loss on the downside is 1105.
Triangle - Double Flag and again Triangle - Flaglooks strong, Triangle - Double Flag and again Triangle - Flag looks good chart to move atleast till 1250. this is just for educational purpose and not any trade recommendation. Trade at your own risk.
[Inside Bar] Siemens Buy above 1180 with Sl at 1158
Sell Below 1158 with SL at 1180
~ Inside bar trades are generally aimed to capture the compression effect i.e sharp breakouts. Profits are
taken quicky or trailed in most of the cases and closed before market close barring rare cases where price action analysis suggests otherwise.
~Manage risk, reward will take care of itself
Siemens pattern after breakoutGo long after trendline breakout - this pattern is formed after a breakout
SIEMENS, SYM. TRIANGLE BREAKOUT WITH EXPLOSIVE VOLUMESIEMENS has given breakout of well formed symmetrical triangle and looks good above 1150.
Volume and length of pattern suggest this as high probable trade and should be on your watchlist for Monday.
Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
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Reach out if you wish to learn simplest form of price action and willing to put effort in practice.
Cheers!
Piyush Gupta
SIEMENSSIEMENS LOOKING HOT.
Check the last day volume candle. This volume candle is bigger than 14th may candle.
Tenkan crosses Kijun and current price is above both Tenkan and Kijun.
Chikou is free from price interaction
Current price is above Kumo.
RSi is also showing strength.
only one problem is there Future Kumo is bearish but that cloud is thin so it looks like that it will become bullish soon.
If Siemens crosses 1175 it will give a good move.
Keep it on Radar.
Disclaimer: Do your own research before taking any trade.
SIEMENSFollow for latest updates
CMP- 1149
Buy above 1155 with the stop loss of 1130
Targets- 1165, 1170, 1175
14.0 - SIEMENS - Long ideaRisk 0.2% = 4000
Position size = 4000/150 = 26
Investment = 26*1150 = 29900
SIEMENS JULY 6 2020 Siemens July 6 2020 performance .
Buy level at 1179
Siemens levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistance levels are unlike others , we opt for hourly charts and technical analysis. Our analysis is based on levels , algorithms which we created , beyond technical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis.
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
BUY SIEMENSSIEMENS 1149
RESISTANCE : 1174 1203 1250
SUPPORT : 1114 1099 1091
BUYING LEVEL NEAR 550 530
NOTE : 1091 is the main support after that trend will be change . So watch 1091 level carefully . Support and Resistance on closing bases
Siemens short term view Siemens gave break out with good volumes indicating some positive movement in script if sustain above break out level then we will see some upward move in coming days
Siemens - Keep in watch listStudy:- Given BO with vol after good consolidation. Vol is more than avg. Inverted ; H&S pattern observed; Price is currently above all imp moving avgs. RSI is bullish.
PCR is bullish.
Buy on dips strategy to be applied.
Probability is high of moving high in next couple of trading sessions.
*This chart is only for educational purpose.
Siemens India: Looking for an early break out from the triangle After the block deal of share transfer between the holding entities, Siemens India rallied and consolidated near the upper trend line of the triangle pattern.
On 03 July 2020, long green candle was formed in day chart above the upper trend line of the triangle pattern. Volume saw a huge spike indicating a big money move.
If the price sustains above the upper trend line of the triangle pattern with a considerable volume, it would be an early break out and the erst while upper trend line will turn to be a support line.
In case of early break out, buy near 1135 during a surge after a pull back to 1120 levels.
1st Target - 1200-1230; 2nd target - 1250-1270
SL - 1105.
Indicators:
1. MACD has a positive crossover and looking for a divergence
2. ADX indicate strength of the upward move
3. Price crossed and closed above 200 EMA and 20 and 50 EMA point upwards.
4. RSI not yet in overbought zone
Caution: Since this is an early break-out without any strong fundamental news, respect the SL
Siemens: a triangle breakout! A breakout in the bullish side, It will keep going up and if there is a retest immediately, use that for an entry point!
