Update on Overbought stock Siemens. Sell intact. Target 1048-1035-1024-1005. . SL 1075.
Stock price 1057. intraday target 1048.
Strong sell below 1048 for a target of 1024. 2 sessions.
Stock may test 1005 in 7 sessions.
Earlier we had given a sell in Siemens below 1048 for a target of 1035-1020-1000.
Stock had hit 1035.2 before intraday reversal.
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