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indiamarketoutlook
Jun 8, 2017 7:57 AM

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

SIEMENS INDIA LTDNSE

Description

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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