![]() This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit websites that posts a link to this Policy (collectively, “the sites”). understands that your privacy is important to you and we are committed for being transparent about the technologies we use. Check Business Breaking News Live on Zee Business Twitter and Facebook. Get Latest Business News, Stock Market Updates and Videos Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.) (Disclaimer: The views/suggestions/advises expressed here in this article is solely by investment experts. ![]() The 52-week high for this counter is Rs 3138, which it hit on 15 September 2022 while the 52-week low is at 2150 which was made on 9 September 2022. A number below 30 is considered oversold and above 70 is overbought. Out of 16 bullish moving averages, 4 are in the green against 12 which are in red. Momentum indicators RSI and MFI indicate mixed trends in this stock. RSI is at 40.9 while MFI is at 76. The counter has given a 17 per cent return during this period against 5 per cent given by the broader market Nifty50. Siemens shares have outperformed the Nifty50 over 1-year period, according to data sourced from Trendlyne. Read More: Stock Market Today LIVE: Sensex shoots up 430 points, Nifty 100 points after cautious start Hindalco, Tata Motors among top gainers The current declines are healthy correction and the stock has seen uptrend. ![]() At this level, the strong offers a strong risk to reward ratio. He said any dip around Rs 2700 is the opportunity to buy this stock with a positional term view.
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