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Siemens has target of Rs 465: E Mathew

Published on Fri, Jul 04, 2008 at 16:15 , Updated at Fri, Jul 04, 2008 at 19:32
Source : CNBC-TV18

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Technical Analyst, E Mathew is of the view that Siemens has target of Rs 465.

E Mathew told CNBC-TV18, "Siemens has been hammered substantially. A little bit of contrarian buying is certainly emerging in this stock. A very nice bottom is around Rs 360, so for the short-term as well as the medium trade, keeping a stop loss of around Rs 360, one could look for a target of as high as even Rs 465 now that the stock has decisively crossed Rs 405."

Disclosure: It is safe to assume that analyst hold positions and have interest in the stocks and sectors discussed.

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 369.90 427.55 57.65 15.59
5-Days 410.50 427.55 17.05 4.15
7-Days 435.75 427.55 -8.20 -1.88
15-Days 491.35 427.55 -63.80 -12.98
1-Month 540.60 427.55 -113.05 -20.91
3-Month 599.70 427.55 -172.15 -28.71
6-Month 949.28 427.55 -521.73 -54.96
9-Month 682.48 427.55 -254.93 -37.35
1-Year 701.88 427.55 -274.33 -39.09

 

 

 

 

 

 

 

 

 

 

Currently -62% below the 52-week high of 1,125.00
Currently 17.78% above the 52-week low of 363.00

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jigar_srt

buy siemens at this level short term tgt 398...

in Siemens - JIGU786 at 07-Jan-09 04:37

Siemens` Poor Performance

Dear man, No worries... afterall its your money and your decision... Even I have a small quantity of Siemens left,...

in Siemens - souravkundu at 07-Jan-09 11:18

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