Siemens Energy India – Trend Reversal Setup

📊 Siemens Energy India – Trend Reversal Setup Timeframe: Daily After a prolonged downtrend, the stock has shown a strong bounce from the bottom and is now forming a higher high – higher low structure, indicating a potential trend reversal. Price is sustaining above the 20 EMA and Bollinger mid-band, which supports bullish continuation bias. 🔑 Key Levels: Strong Support: ₹2,200 – ₹2,300 Immediate Resistance: ₹2,700 – ₹2,780 Major Breakout Zone: ₹2,800 (on sustained close) 🚀 Upside Targets (above ₹2,800 breakout): ₹3,000 ₹3,200 📈 Indicator View: Momentum indicator showing bullish crossover RSI holding firmly above 50 Gradual expansion in volume 👉 Overall structure suggests a confirmed reversal, now watch for breakout follow-through. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS