SIEMENS Trend AnalysisSIEMENS Trend Analysis, break trend line on monthly time frame & take Support from trend line
SIEMENS trade ideas
SIEMENS IS BULLISHSIEMENS IS READY FOR A BULL MOVE
Trade idea- Double Bottom chart pattern.
Price is above 50SMA, hence is trending
BEARS tried to push the price down twice and failed. a beautiful support is take from 1924.65 and
BULLS were aggresive enough to push the price back up
FUNDAMENTALS:
Dividend Yield 0.34 %
ROCE11.4 %
ROE 8.29 %
Piotroski score 5.00
Graham Number ₹ 410
SOURCER: screener.in
THIS TRADE IDEA IS ONLY FOR EDUCATION PURPOSE
SIEMENS IND LTD - Possible breakout expected tomorrow at openingYearly Growth Siemens has seen in the last 3 years
2019 - 83%
2020 - 73%
2021 - 39%
Prices have been rangebound for the last 58 days
In daily frame the prices have breached the resistance and sustained. Should it close above tomorrow. That position itself can be used as Support for entry. Ideal resistance level to watch out for is between 2035 and 2044
In 60 min time frame the prices have tested the resistance level 3 times today and is in the range for a perfect breakout
Gap up opening was registered between yesterday and today with a Bulllish Kicker
BB is in order in all time frames
200 DMA breakout shows positive in daily and 60mins time frame
Entry: 2029
Target: 2099 (Rs 70)
Stop loss: 2021 (Rs 7)
Risk to reward : 9.06
Observe the opening and enter if the situation is progressive. Else wait for correction.
Seimens - Ready to go higher - BuyBuy - CMP
Stop - 1902
Target - 2183
Market support - Today nifty gave a bullish breakout
Siemens- Rebounding from 200 MA clusterKey Highlights:
1. Approaching trendline
2. Bullish MS on the lower time frame
3. Rebound from 200 MA cluster
4. Volume expansion
5. Early signs of reversal
6. RSI strongly curving upwards
7. Stop loss: 1920
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SIEMENS.... BREAKOUTBreakout from the resistance trendline.
Good volumes traded.
Options traders can sell put options. Analyze before entry.
Can rally after a retracement.
Head and Shoulders Pattern Breakout in SIEMENS for target 1785-On 1 day time frame SIEMENS given breakdown of head and shoulder patter. It indicating further downside in this stock. Next downside target possible 1840 and 1785 in upcoming few trading sessions. Upside we can place stop loss @2060 for this short side trade.
SIEMENS | Pull Back trading Opportunity SIEMENS | Pull Back trading Opportunity
Rational :
Suppor t & Resistance
FIB Retractment
Siemens Break out and Retest Buy above 2030 for Target 2080 & 2120, ++++
SL below 1990 (Candle Close)
SIEMENS down trend Alart SIEMENS down trend Alart :-
1. primary trend line support breaked
2. descending triangle pattern foremd 80% confirmation bearish
3. once Head and Sholder Pattern in daily chart
4. descending triangle pattern breakdowned line 100% go to down side demand zone very fast blast price
Possible trend reversal in SiemensA head and shoulder pattern is forming in Siemens after a good uptrend.
The RSI is dropping and moving towards 40.
Siemens Short Trade Head & shoulder patternSiemens India completes head & shoulder pattern in day time frame...
Short below 1965 with Target 1- 1875
Target 2- 1840
SL-2020
