Siemens is a long term buy on monthly charts. with a positive MACD crossover and have respected the 78 percent retracement of fibonacci levels.
Long Siemens for following target
T1 - 1717
T2 - 1953
T3 - 2253
T4 - 2820 (aggresive)
Stop Loss - 1180 (monthly closing Basis)
More risky investor can keep SL at 1096
Note: This is monthly setup and will take 12-24 months to achieve this target.
Long Siemens for following target
T1 - 1717
T2 - 1953
T3 - 2253
T4 - 2820 (aggresive)
Stop Loss - 1180 (monthly closing Basis)
More risky investor can keep SL at 1096
Note: This is monthly setup and will take 12-24 months to achieve this target.
Trade active:
Trade is active and is in Buying range.
Comment:
First 2 target reached close to 3rd target
Trade closed: target reached