Siemens can touch Rs 595-600: Kulkarni

Shardul Kulkarni of Angel Broking is of the view that Siemens can touch Rs 595-600.

Kulkarni told CNBC-TV18, “Siemens' present pullback, which is going on that can extend a little further up to Rs 595-600. That is the level that I would look at. The monthly and the weekly chart suggest that there has been a significant downfall. The pullback can extend to the 20 week moving average. That 20 week moving average is near to the levels of Rs 613. So, the pullback can extend even going forward. Rs 614-615.”