Chart Check: A range breakout seen in Siemens could take it to fresh record highs

Chart Check: A range breakout seen in Siemens could take it to fresh record highs

Siemens, a heavy electrical equipment maker, witnessed a breakout from a six-month-long consolidation which suggests that the momentum is here to stay. The stock with a market capitalisation of more than Rs 91,000 crore hit a 52-week high of Rs 2,586 on 5 July 2022 which resulted in a breakout above the neckline of the … Read more