Timeframe: Daily
Ticker: NSE:SIEMENS
🔥 Key Technical Setup:
Cup & Handle Pattern:
Cup Depth: ~1026 points
Breakout Level: 3414 (multi-touch resistance).
Golden Cross Confirmation: 50 EMA crossed above 200 EMA (bullish long-term momentum shift).
Volume & Price Confirmation:
- Entry Trigger: Close above 3414 with a strong green candle + above-average volume (min. 1.5x 20-day avg volume).
- False Breakout Filter: Volume must surge to validate breakout.
🎯 Trade Strategy:
Entry Zone: 3415–3430 (after confirmed breakout).
Stop Loss: 3169 (swing low of the handle, below key support).
Target 1: 3750
Target 2: 4170
Final Target: 4455 (cup depth projected from breakout: *3414 + 1026 = 4440–4455*).
The trade targets 4455, but reaching this level will take time—patience is key as price works through resistance at 3750 and 4170.
📉 Price Action Mantra:
“Price absorbs all noise! Trade the CHART, not the news.”
📊 Why This Works:
1. Golden Cross Amplifies Momentum: Post-crossover, rallies average +25% in trending stocks.
2. Cup & Handle Statistics: 85% success rate when volume confirms breakout.
3. Volume Divergence: Declining volume in handle + surge on breakout = institutional accumulation.
⚠️ Risk Management:
Position Size: Risk ≤1% capital per trade.
Trailing SL: Move SL to 3300 after Target 1 (3750) hit.
Partial Exit: Book 50% at 3750, 25% at 4170, hold 25% for 4455.
🧠 Psychology & Market Structure:
Resistance Levels to Watch:
3750: Profit-taking zone.
4170: Key options barrier (break = accelerated FOMO).
Support Floor: 3200–3169 (must hold to preserve structure).
Set alerts, follow volume, and let price lead the way!
📌 Disclaimer:
This is not financial advice. Past performance ≠ future results. Conduct your own due diligence. Technical analysis has limitations and may not account for black swan events. Manage risk aggressively.
Ticker: NSE:SIEMENS
🔥 Key Technical Setup:
Cup & Handle Pattern:
Cup Depth: ~1026 points
Breakout Level: 3414 (multi-touch resistance).
Golden Cross Confirmation: 50 EMA crossed above 200 EMA (bullish long-term momentum shift).
Volume & Price Confirmation:
- Entry Trigger: Close above 3414 with a strong green candle + above-average volume (min. 1.5x 20-day avg volume).
- False Breakout Filter: Volume must surge to validate breakout.
🎯 Trade Strategy:
Entry Zone: 3415–3430 (after confirmed breakout).
Stop Loss: 3169 (swing low of the handle, below key support).
Target 1: 3750
Target 2: 4170
Final Target: 4455 (cup depth projected from breakout: *3414 + 1026 = 4440–4455*).
The trade targets 4455, but reaching this level will take time—patience is key as price works through resistance at 3750 and 4170.
📉 Price Action Mantra:
“Price absorbs all noise! Trade the CHART, not the news.”
📊 Why This Works:
1. Golden Cross Amplifies Momentum: Post-crossover, rallies average +25% in trending stocks.
2. Cup & Handle Statistics: 85% success rate when volume confirms breakout.
3. Volume Divergence: Declining volume in handle + surge on breakout = institutional accumulation.
⚠️ Risk Management:
Position Size: Risk ≤1% capital per trade.
Trailing SL: Move SL to 3300 after Target 1 (3750) hit.
Partial Exit: Book 50% at 3750, 25% at 4170, hold 25% for 4455.
🧠 Psychology & Market Structure:
Resistance Levels to Watch:
3750: Profit-taking zone.
4170: Key options barrier (break = accelerated FOMO).
Support Floor: 3200–3169 (must hold to preserve structure).
Set alerts, follow volume, and let price lead the way!
📌 Disclaimer:
This is not financial advice. Past performance ≠ future results. Conduct your own due diligence. Technical analysis has limitations and may not account for black swan events. Manage risk aggressively.
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน