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Siemens has resistance at Rs 1175-1180

Published on Wed, Sep 27, 2006 at 19:33 |  Source : Moneycontrol.com

Updated at Wed, Sep 27, 2006 at 20:10  

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Technical Analyst, Prakash Gaba is of the view that Siemens has resistance at Rs 1175-1180.

Gaba told CNBC-TV18, "Siemens has strong support at Rs 1000. On the upside maybe Rs 1175-1180 is the resistance zone. It needs to be around these levels, play some time here.  But, structure is positive and we can see even beyond Rs 1280 levels in time to come."

  

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