Technical Trading Idea : Siemens Ltd Target Rs. 3475 By Motilal Oswal Wealth Management

Siemens Ltd
Buy Siemens Ltd CMP 3293 SL 3140 TARGET 3475 DURATION 1 Week
* Falling supply trendline breakout on daily chart.
* Large bodied bullish candle.
* Bounce up from 200 DEMA support zones.
* Rise in volumes visible.
* MACD momentum indicator showing strength.
* We recommend to buy the stock at CMP Rs.3293 with a SL of Rs.3140 and a TGT of Rs.3475.
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