We Are Negative On Two Stocks: Siemens & Divis Lab.
1. Siemens Yesterday Made High Of 759 & Closed On 739, That Is 20 Rs. Down From Its High,
Market Was Flat But It Was Unable To Hold Its Support Of 753 & Below 742 It Will Be Very Much
Difficult For 'Siemens' To Bounce Back To 759 Level, We Are Expecting Dowside Around 715-723, So Sell Below 739 With Sl Of 749.
2. From Past 1 Week Divis Lab IS Unable To Pass Its Resistiance Of 643 & Yesterday It Broke The Support Of 617, The Patter Of The Chart Says It May Drag Down To New Level Of 600-580.
You Can Maintain This Target & Sell DivisLab Below 615 & Maintain Sl Of 628.
