Siemens Ltd. Technical chart | 07-Dec-2011

Siemens technical chart, listed on Indian stock exchange, with ichimoku Kinko Hyo indicator, has been explained below.

 

https://investmentkit.com/media/posts/3955/07-2011Dec-SIEMENS%20LTD-800x600.png

 

The price is trading below kumo, so it is in bearish mode. One should not buy this stock for investment. However, kijun-sen line is flat. So in the short term, the price can touch 763.90. The next level is 800. Closing above 826 will start its bull run.

 

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