Siemens Energy India Ltd – Bullish Reversal from Support
ENRIN
The stock is witnessing a rebound from a crucial support zone, indicating improving buying interest after the recent correction.
🔎 Technical Observations:
• Strong recovery from support levels
• Bullish candle after recent decline
• Price attempting to reclaim short-term resistance
• Support zone holding firmly
• Momentum indicators showing improvement
🔑 Key Levels to Watch:
• Immediate Support: ₹3,375 – ₹3,300
• Major Support: ₹3,235 – ₹3,095
• Immediate Resistance: ₹3,515 – ₹3,650
🚀 Upside Targets:
• ₹3,650
• ₹3,790
• ₹3,930+
📉 Risk Scenario:
A sustained break below ₹3,300 may weaken the current recovery and invite fresh selling.
📈 Trading View:
👉 Buying interest is emerging near the support zone.
👉 A move above ₹3,515 can trigger fresh bullish momentum.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊