#SIEMENS last trading session formed bullish patern,
today it has taken support our retracement area 2335-2350,
once break 2440 level, it will move higher tgt 2550 in
comming trading session.
SIEMENS:
Few key points to note:
- A Bearish WOLFE WAVE has been formed
-RSI Exaggerated Divergence
I expect downside reversal from this point. However the trade gets activated once it closes below 2376 and the expected target is 2294.
CHART & ANALYSIS – ADARSH DEY
Charts of the week
Stocks discussed in this video are: $Nifty; $BankNifty $MCDOWELL-N $NESTLEIND $BAJFINANCE $LTI $TATASTEEL $SIEMENS
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I...
Current price of Siemens is 2200-10. Buy Siemens strictly either above 2240 with SL 2180 or let its profit booking over and buy between 2120-40 with SL 2120. Target open.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before...