Siemens
Stock is into Correction after a ride of almost 100 odd points
RSI has given a negative Divergence in Daily Chart.
Stock is rise on sell with a Stop of 630(Closing Basis) Below 580 stock will slide in more pace to touch the desired target of 533-537 level,close below 520 can further slide upto 475 levels.
On the Other Hand if any chance stock manage to close above 630 odd levels on closing basis,it will blast at-least 12-15% or even more as there is a Monthly Break out above 630 level in Monthly Chart.
Stock is into Correction after a ride of almost 100 odd points
RSI has given a negative Divergence in Daily Chart.
Stock is rise on sell with a Stop of 630(Closing Basis) Below 580 stock will slide in more pace to touch the desired target of 533-537 level,close below 520 can further slide upto 475 levels.
On the Other Hand if any chance stock manage to close above 630 odd levels on closing basis,it will blast at-least 12-15% or even more as there is a Monthly Break out above 630 level in Monthly Chart.
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| Siemens |
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