SIEMENS trade ideas
SIEMENS - Bull Flag Breakout with Good Volume support - SwingThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Check below in the image, the previous idea/set up in the same stock (for understanding another price action chart pattern.
SIEMENS HARMONICS SELL This positional monthly chart of siemens
Sell RANGE 1630/40 STOPLOSS 1730 TGT 1400
SIEMENS LTD - LONG - 24-DEC-2020SIEMENS LTD had triggered a few days ago on DYNAMIC - Long Only Model. The price has not moved since the entry date and is currently at the same price or around where it was triggered a few days ago. The current entry point is good enough entry for the trade.
siemens can give good move in intradayintraday sell near-1528-trgts are-1517-1513 ,sl-1537 after volume confirmation
buy at-1544-trgts-1554,1560,1570 sl-1532
note-trade at own risk .like my work if anyone will make profit on monday.
Siemens - Intraday / Swing Trade SetupSiemens CMP - 1516.70
Looking bullish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above - 1521 / Stop Loss - 1511
Target 1 - 1528
Target 2 - 1535
Target 3 - 1545 / 1550
Disclaimer: This is my view and for educational purpose only.
SIEMENS - Volume breakoutSIEMENS shown a good volume breakout above its resistance. A good candidate for long entry.
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
Siemens (Still Holding up.)Siemens is a continuation stock from the previous week. It tried to break the range only to be rejected and it fell back within the zone. The price is still in and around the resistance zone and ideally should test it through this week as well. However a weakness might drive the prices down further. Look for a clear breakout over the channel/below the red line to initiate any trade, the way volatility is going its hard to really anticipate one sided movement so always trade with sufficient buffer and hedges.
With US elections coming in the markets are going to be more volatile and moves might now follow technicals as efficiently as it does in a normal market.
Trade with Caution
Siemens (A consolidation before a continuation ?)Siemens has beautifully been following its 50 EMA which is considered to be a good support zone for a trend and has reversed from it as early as 3 days back maintaining its upward trajectory. However after a long time the stock actually made a lower high instead of a higher high indicating a possible change in trend. However for now it has been negated by a reversal from the 50EMA. It will be crucial for the stock to make another higher high to negate the bearish sentiment and resume a new trend on the upward end.
On the lower side the 50 and the 200EMA are very close showing strong support for the stock. A breach of either of the red lines would lead to further continuation on the side of the breach.
Results season will drive sentiments and fundamentals will have a bigger role to play for now because of constant flux of news on the industry and companies declaring results.
Trade with Caution
Siemens - Bullish Swing Trade SetupSiemens CMP – 1261.25
Overall trend is bullish. However, recratecement is going on and it can go down till 1240
One can go long on this stock for swing trade with the following entry, exit & stop loss.
Buy range 1240 - 1269 / Stop Loss 1235
Target 1 - 1300
Target 2 - 1350
Target 3 – 1400
Note: This is my view and for educational purpose only
Siemens - Intraday Trade SetupSiemens CMP – 1261.25
Overall trend is bullish. However, recratecement is going on and it can go down till 1240
One can go short on this stock for Intraday trade with the following entry, exit & stop loss.
Sell range 1260 - 1269 / Stop Loss 1278
Target 1 - 1255
Target 2 - 1247
Target 3 – 1240
Note: This is my view and for educational purpose only
SIEMENS - sustaining above 1200SIEMENS is sustaining above 1200 from past many weeks, chance are that it can move towards 1500 -1600 levels on the upside.
Trade Type : Positional
SL as per your RM
