indiamarketoutlook
Short

Siemens: On the brink of a break down...???

NSE:SIEMENS   SIEMENS INDIA LTD
35 0 0
Siemens            
CMP 1336.90

Observations from chart

- made triple top around 1400 levels,

- stock is on the brink of breaking multiple blue support lines

- if broken probability of stock to fall increases

- target green zone between 1254-1200 for the current set up...

- on the upside a move towards yellow line (1362 level) should be taken as next review zone


Plan your trade accordingly...

Take care and safe trading...!!!

Trade active: From 1336.9 to 1312 currently

The stock gave a break down retested it and now slowly moving lower towards its target zone


Take care & safe trading...!!!

Enjoy ur weekend
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