SIEMENS LTDShort
Siemens Ltd - Precision in Analysis!
🎯 Siemens Ltd - Precision in Analysis! 📉📊
✅ Our previous analysis played out perfectly! The stock faced a strong rejection near ₹7,958 (key resistance zone), as predicted, and dropped 1.59% today. 🚨
🔍 What Happened?
1️⃣ Wave Structure Completed: The Elliott Wave count signaled the 5th wave top, aligning perfectly with the resistance.
2️⃣ Fibonacci Confluence: The price tested critical Fibonacci zones and reversed exactly where anticipated. 🔄
3️⃣ Technical Weakness: A sharp sell-off today confirms bearish pressure near the resistance area.
📉 Next Levels to Watch:
Support: ₹7,400 – ₹7,200 (Potential retracement area).
Resistance: ₹7,958 (Key supply zone).
🚨 Trading Tip: Watch for bearish follow-through toward lower support zones or any bounce signals around Fibonacci levels. 📈
💡 Engage with us: Share your thoughts in the comments and follow for more accurate setups and insights! 🚀
✅ Our previous analysis played out perfectly! The stock faced a strong rejection near ₹7,958 (key resistance zone), as predicted, and dropped 1.59% today. 🚨
🔍 What Happened?
1️⃣ Wave Structure Completed: The Elliott Wave count signaled the 5th wave top, aligning perfectly with the resistance.
2️⃣ Fibonacci Confluence: The price tested critical Fibonacci zones and reversed exactly where anticipated. 🔄
3️⃣ Technical Weakness: A sharp sell-off today confirms bearish pressure near the resistance area.
📉 Next Levels to Watch:
Support: ₹7,400 – ₹7,200 (Potential retracement area).
Resistance: ₹7,958 (Key supply zone).
🚨 Trading Tip: Watch for bearish follow-through toward lower support zones or any bounce signals around Fibonacci levels. 📈
💡 Engage with us: Share your thoughts in the comments and follow for more accurate setups and insights! 🚀
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