Siemens & SBI

We are of the view that if Siemens closes above 570 today then the stock could see levels of 590+ and similarly if State Bank of India closes above 2360 then the stock could see levels of 2420+.

Note:

All prices relate to the NSE, unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

Don't chase a stock, if you are unable to buy a stock because it hits circuit levels on successive days, don't buy that.

DENIP Consultants Pvt. Ltd., the blog owners, our clients and all related entities may or may not have positions in the securities mentioned above.

Trading involves considerable risk. Trade at your own risk to the extent you are comfortable.

All the money you invest to buy the shares can be lost.

DENIP Consultants Pvt. Ltd. or the blog or the moderators or the blog owners or any related entities shall not be responsible for any losses incurred for acting on these recommendations. Take the advise of your own financial advisor and do your own research before entering the stock.