LONG TERM TECHNICAL IDEAs

SECTORIAL UPDATE

NIFTY INFRASTRUCTURE (CMP: 3106):

Nifty Infrastructure has Resistance at 3132 than 3387 while Nifty Infrastructure has Support at 3002 than 2889. Nifty Infrastructure is expected to break the resistance and have a slow rally.


STOCK UPDATE

SIEMENS (CMP: 1149):

After a few weeks of consolidation and a breakout in a strong trend reversal pattern, SIEMENS is expected to rally with the target of 1290 (↑12%) and 1353(↑18%) over a long period of time.



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