SIEMENS trade ideas
Siemens - Swing Trade Simens took good support over Lower TL of Channel. Good RR setup of 1:2.5+ above 2145.
Siemens - sell sell from cmp to 2200
easy target 2140
tg2 - 2100
Disclaimer : This is my personal analysis for study purpose not intended for trading
Siemens Long opportunityNSE:SIEMENS
Hello all!
Here we can see that Siemens is taking constant supports from the supporting trendline since Dec 2020. The stock is now again at its supporting trendline which creates a good opportunity to go long!.
There are three strong reasons for me to take this trade:
1) The support zone at 2150 levels
2) The presence of a strong 50 day EMA
3) The Fib level of 50% which is the level to which a stock usually retraces to before continuing its upward journey
Thus there is a triple confluence. The Reward to Risk ratio is also favorable. Also nifty is extremely bullish which further reduces the risk.
Do let me know your thoughts on this!!
*NOT A CALL*
Siemens at its daily support zoneTaking Support at this level, Levels are given on chart.
Can move upto the resistance level given on chart.
Downside over for Siemens?RSI has stopped making a new low. We can see upside in Siemens if it sustains above 2154. Buy for target of 2237/2281
Siemens retesting done seimens after breakout came to retest its zone ...can go for long targets of 2300+
#Siemens cash : Looks good above 2220.10#Siemens cash -Positional call
08.09.2021
Looks good above 2220.10
stoploss 2200
Target 2240/2264/2288
cmp 2210.40A
#SIEMENS - Bought at 2297.15Sales have increased by 100% in the last quarter and company has turned from losses to profits.
SIEMENS INDIA: Parallel Channel FormationSiemens consolidating in a Parallel Channel formation.
Price is at the upper resistance of the channel.
A breakout or rejection from this level will provide us with a good move from here.
Long Term - SiemensBuying Range1 - 500 WMA High
Buying Range2 - 500 WMA Low
Buying Range3 - Trend line from 2008
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.
