Trade SIEMENS with Trader's Community

Hi friends, hope last week all of you have make good amount of money. Where number of trade is very little and risk is too small and reward is very high, hope you like this, but I am sorry I can't give you exit strategies, I am just giving you advance awareness and you have to manage your trade yourself. By the way this time I am come out with SIEMENS, what a beautiful formation! And very strongly backed up by its volume, really really rare. Closing price 574.1, what I found with a stop loss of just below 553 one can can go for a long on decline 560-562, for the target of 640, or one can buy above 580, in that case you need to define your own stop affordable stop loss. I am now bullish, sorry, very bullish as a trader on SIEMENS. Wish you another good money making week. Happy Trading with Trader's Community.

NIFTY: on a supply zone, be cautiuos

Hi friends, after a very fast rally on last week Nifty has reached on a very good supply zone of (5943-5971). with a stop loss of 5980 I think it is a very good opportunity to go short. But if this supply is broken then the high of previous rally (6111.8) may not act as a supply zone, therefore a strict stop loss is essential. Risky short but may be fruitful, happy trading.