Siemens has taken support from previous support zone and it is showing good strength. It can rally towards previous high and above that. Above 3600 , it can rally towarsd 3664,3760,3900,4100
Siemens making a clear retail bullish pattern of upside channel which is a clear trap for buyers.
Sell levels and targets for coming days has been analysed based on the bearish view on an hourly TF.
On a Daily TF Siemens is still bullish and can be bought near buy zone level marked in chart.
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 25th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
SIEMENS Looking good for DOWN side..
When it break level 3368 and sustain.. it will go DOWN side...
Target
1st 3314
2nd 3247
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome
Siemens on weekly timeframe is forming a rising wedge formation.
It is also formed at the top of the rising channel in which Siemens has been trading from quite some time, generally such formation are formed as ED formation in EW and can be a signal of truncated 5th in its impulsive wave upmove.
Although, this post doesn't deal in great detail with EW wave...
SIEMENS:- Rounding bottom pattern is formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know...
SIEMENS has been a strong stock and has risen more than 3x since May'20.
It has formed an Ending diagonal pattern with RSI divergence at the top of the up trend and has given breakdown at 3310 support line.
Target is coming to 3120, 2900 then 2700 levels.
(timeframe for target is open).
SL: Daily candle close above 3310 levels.
Analysis Criteria Used:
1. Please find the Chart Analysis done for the 22nd March, 2023
2. The analysis for the Intraday Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your...
currently stock is trading near 52 week high and price is trading above both 50 and 200 day moving average. It has tested this resistance multiple times we can see a good up move in upcoming days if price sustain above this line.
Patterns seen in chart 1. double top. 2 - Ascending triangle.
Buy above 3324 with the stop loss of 3304 for the targets 3344, 3362 and 3388. Sell below 3290 with the stop loss of 3310 for the targets 3264, 3240 and 3220.
SIEMENS
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Bullish flag pattern Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3635+.
✅Can Go Long in this stock by placing a stop loss below 3180-.
✅breakout this can give risk:reward upto 1:6+.
