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Tuesday, April 29, 2014

29-4-2014 - SIEMENS



            SIEMENS is closed at 719.30. This stock is also 4.30 % down with a big decisive red bar. This bar suggests and clearly indicates a decisive down trend and reversal, at least for the short period of time. One can initiate
a short position at current level and expect the targets like 705 and 685. A strict closing basis Stop Loss must be maintained at 720.



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