Siemens Limited (SIEMENS)
SIEMENS has retraced considerable from its record high and reached closer to the support zone of medium term moving average (100 EMA) on the daily chart. Considering its chart pattern, we expect marginal consolidation, followed by steady rebound ahead. We advise accumulating fresh longs in the mentioned zone.
BUY SIEMENS CMP 1474.25 Between 1460-1470 Stop Loss 1420 Target 1560
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