Siemens may slip to Rs 630, says Dharmesh Kant of Indianivesh Securities.
Kant told CNBC-Awaaz, "Siemens is looking weak on chart, one should sell the stock with stoploss of 715. It may go down to Rs 630 in coming days."
The company touched its 52-week high Rs 951.00 and 52-week low Rs 627.05 on 26 Jul, 2011 and 20 Dec, 2011, respectively. Currently, it is trading -29.28% below its 52-week high and 7.25% above its 52-week low.
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