Siemens: MACD Turnaround Supports Recovery

Siemens has delivered a sharp recovery from the recent low near ₹3,250 and is now trading around ₹3,660. Price has reclaimed the slower moving average near ₹3,544 and is approaching the faster moving average near ₹3,671. This places the stock near an important short-term resistance zone after the strong bounce. The coloured MACD has improved decisively. The MACD line is rising sharply and the histogram has turned strongly green, showing that upside momentum has accelerated from the November low. Although the MACD is still below the zero line, the positive crossover and expanding histogram suggest that selling pressure has weakened substantially. SIEMENS The ₹3,670–3,750 zone is the immediate hurdle. A sustained move above it can confirm a stronger recovery and open room towards ₹3,850. On the downside, ₹3,545 is the first support, followed by the ₹3,400 area. Holding above the slower moving average while the green MACD histogram remains positive would keep the recovery structure constructive.