KishanMittal

SIEMENS - Simple Price action

Long
KishanMittal Updated   
NSE:SIEMENS   SIEMENS INDIA LTD
Thought Process - Price has rejected multiple time from its resistance level of 1900 (at which there is a massive open interest of Call Writers), one it holds 1900 levels there can be a good breakout leading the price to its next round level of 2k.

Trade Plan - 50% positions can be initiated now with SL of 50EMA on a closing basis & next 50% when it holds 1900 levels.


Comment:
viewers must have minted some money!
Comment:
Made a high of 1960
Comment:
Book 50% positions at 2030
Comment:
Upper Circuit... hahaha

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