SIEMENS INDIA LTD 15MNBEARISH Deep Crab for SCALPING
Earlier this same Pattern given good reaction on Type1 entry & hit Target 1. now price i s again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
SIEMENS trade ideas
R-0189 BUY SIEMENS INDIA (Broke first resistance 1212)Buy: 1230-1233
SL 1207
TGT 1278
Reason: Just cross the TK line + MACD cross over + Above VWAP followed by crossing first resistance 1212 so second resistance is 1263 so we expect to move in the range >1250 and if breaks second resistance then move towards 1300.
SIEMENSNSE:SIEMENS
IF IT IS ABLE TO CROSS 1260 AND SUSTAIN, IT CAN 1270 AND 1290
IF NOT THEN ON REVERSAL, IT WILL FALL BACK TO 1240, 1230, 1212 AND 1200 EVENTUALLY
TRAIL YOUR STOPS
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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SIEMENSOne can enter here above 1165 for a target of 1172, 1178 or 1184
Do trail the stoploss, as its a bit illiquid script.
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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#SIEMENS | NSE | 1D | LONG | #SYMMETRICALTRIANGLE01) Symmetrical Triangle
02) Stock Trading above 20 EMA
03) Breakout Candle - 03-07-2020
04) Check High Volume
05) Target - Check Green Arrow near Channel Top
06) SL - Below Swing Low / Below 20 EMA
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Note : This study for educational purpose only.
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Twitter - @bagade_arvind