It continues to follow the Higher High Higher Low path since March lows. Keeping the same in mind it could rally till 1325 as long as its above 1260
After reversing from a Bullish Harmonic Shark, it has activated a Bullish Harmonic Dragon which suggest probable levels of 1225 and 1350. It has very good support at 1080-1070. View would be negated below 1035
Siemens formed triangle chart....
it seems going to hit 1560-70
Currently Siemns stuck in a range. It can go either up or down. As per current market trend, it should up but no one knows.
As chart saying buy above 1525...for 1560
Just watch....tend is positive..but indian markets ???
above 1225 can see up trend but for safers can look only above 1250
Siemens could be near its low but a looks like there would be a further dip before which it forms a base and reverses. So one should just watch and trade only post a confirmation. RSI is nearing an oversold region.