Buy Siemens; target of Rs 700: IIFL

IIFL is bullish on Siemens and has recommended buy rating on the stock with a target of Rs 700 in its November 27, 2012 research report.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Travelcafe
moneycontrol.com

Home » News » Recommendations

Nov 27, 2012, 12.26 PM | Source: Moneycontrol.com

Buy Siemens; target of Rs 700: IIFL

IIFL is bullish on Siemens and has recommended buy rating on the stock with a target of Rs 700 in its November 27, 2012 research report.

Like this story, share it with millions of investors on M3

Buy Siemens; target of Rs 700: IIFL

IIFL is bullish on Siemens and has recommended buy rating on the stock with a target of Rs 700 in its November 27, 2012 research report.

Post Your Comments

Share Cancel

(more)

, IIFL |

IIFL is bullish on Siemens and has recommended buy rating on the stock with a target of Rs 700 in its November 27, 2012 research report.

“Siemens has confirmed trend reversal near long term rising support line with formation of ‘Morning star’ pattern on candlestick. Such trend reversal indication has come after more than 10% correction from intermediate peak of Rs755. The RSI has managed to show a turnaround from oversold zone of 35 and which suggest that even short term pullback could take stock towards the levels of Rs720. (Duration 10 days),” says IIFL research report.

Public holding more than 90% in Indian cos

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

To read the full report click here

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Buy Siemens; target of Rs 700: IIFL

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login