Siemens : Data Centre Theme - Looks heading down
Siemens is a thematic play on data-center, and recent fall is due to Deep-seek announcement.
- Technically, siemens share price is a free fall now, with 4700 as first major support, followed by 4000 to 4500 zone as a long term Quarterly/Monthly/Weekly supports (expected to hold).
- Incase siemens moves up, 6300 - 6500 will act as a very strong resistance zone, and can easily halt further upside in the stock.
- Unless something fundamentally changes again - it may remain sideway for next few months.
#learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading
- Technically, siemens share price is a free fall now, with 4700 as first major support, followed by 4000 to 4500 zone as a long term Quarterly/Monthly/Weekly supports (expected to hold).
- Incase siemens moves up, 6300 - 6500 will act as a very strong resistance zone, and can easily halt further upside in the stock.
- Unless something fundamentally changes again - it may remain sideway for next few months.
#learn_at_stoxsense #Learntradingwithsudhir #StockMarketIndia #Optiontrading #learntrading
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