⚙️ Siemens Energy India: Early Recovery Signals on Weekly Chart

India is showing early signs of a trend reversal after a deep corrective phase. The recent weekly candle suggests demand returning at lower levels. 🔍 Technical Setup (Weekly): Sharp rebound from lower support zone Price reclaiming weekly EMA (9) after breakdown phase Volume spike indicates short-covering + fresh buying Stochastic RSI rising from oversold → recovery momentum building 📌 Key Levels to Watch: Support: ₹2,500–2,600 Resistance: ₹3,100–3,300 📊 Fundamental Angle: Focus on energy transition, power equipment & grid solutions Long-term play on renewable + energy infrastructure theme Short-term recovery, long-term story still evolving 🧠 View: Positional recovery candidate, not yet a full trend leader.