RUDRA007

SIEMENS GOOD LONG CANDIDATE

Long
NSE:SIEMENS   SIEMENS INDIA LTD
CHART PATTERN :- DESCENDING TRIANGLE PATTERN BREAKOUT
DOUBLE BOTTOM PATTERN WITH POSITIVE DIVERGENCE ON RSI
ELLIOT WAVE :- IMPULSE PHASE COMPLETED,, CORRECTIVE WAVE WOULD LEAD COUNTER TO HIGHER LEVELS
COUNTER CAN BE BOUGHT AROUND 1070 LEVELS AND ADD MORE AROUND 1040 LEVELS
VIEW GETS NEGATED BELOW 1088 ON CLOSING BASIS
UPSIDE 1200-1250-1300 LEVELS POSSIBLE

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