Siemens witnessed its steepest fall in 30-day period, down 28%; what next?

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Siemens witnessed its steepest fall in 30-day period, down 28%; what next? - Business Standard

Quick Summary:

Siemens stock outlook: This stock from the engineering and capital goods industry could slide by another 18% if the key supports at Rs 5,600 and Rs 5,400 are violated shows technical chart.

Home / Markets / News / Siemens witnessed its steepest fall in 30-day period, down 28%; what next?

In case, the stock slips and trades consistently below Rs 5,800 levels, it can witness further downwards pressure, with a likely downside target around the 100-WMA at Rs 5,040 levels. ALSO READ: When will stock markets recover?