2024-01-29 10:40:12 am | Source: Religare Broking Ltd
Stock of the day : Siemens Ltd For Target Rs.4450 - Religare Broking
SIEMENS Ltd
* Siemens has been witnessing a steady upmove and currently placed near the record high levels.
* It has witnessed a decisive breakout from the multi-month corrective phase with noticeable surge in volumes.
* Above the prior resistance zone, stock has formed fresh buying pivot holding above its short term moving average suggests prevailing trend to strengthen further.
* We thus recommend creating fresh longs in the mentioned range
BUY Siemens Ltd CMP4205.40; Range 4200-4210; SL 4080; Target 4450
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Company Update : Rural Electrification Corporation L...
Centre disbursed Rs 964 crore to electronics sector ...
Krystal Integrated Services delivers strong financia...
Zupee Brings Salman Khan`s Signature Quirk to Its Ne...
Company Update : Bajaj Finance By Motilal Oswal Fina...
Centre notifies new Income-Tax Rules for non-residen...
Gold Advances to $2,750 Amid Trade Uncertainty and R...
Temperature Rise in North Won't Affect Rabi Crops by...
Company Update : HDFC Bank By Motilal Oswal Financia...
Pre budget Quote on IT Industry by Pradyumn Sharma, ...
