Friday, January 30, 2015

30/01/2015 Trade No:8 Long SIEMENS and updates

Entered Siemens long at 94.
Below is the chart with uptrend with day ma50 support.
Not the best position but to balance overall direction risk I needed a long trade.So I took this one.

Meanwhile DSM opened weak.The setup looks like broken as below 5h chart shows.
From the experience in Mittal, I will wait for the 5min MA50 to be broken to stop. Currently at 47.12

Meanwhile the trend might return back.

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