Siemens may test Rs 1000: Rishi Kohli

Rishi Kohli, MD & CEO at ProAlpha Systematic Capital told CNBC-TV18, "Siemens is looking interesting, it is heading towards Rs 1,000 so the Rs 1,000 is a long-term resistance level. However based on the patterns it could cross it this time and if it does then you could see a very quick 20 percent flair up in that, so I would watch out for that among the larger names.”

At 13:47 hrs Siemens was quoting at Rs 952.55, up Rs 48.10, or 5.32 percent.

The share touched its 52-week high Rs 1,010 and 52-week low Rs 544.95 on 04 July, 2014 and 30 January, 2014, respectively.

Disclosure: Analyst has IFCI long in some of his client portfolios.