Siemens Ltd - Precision in Analysis!

7 giorni fa

🎯 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. 📈

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