The short-term outlook is bullish for Siemens. The stock surged about 7 per cent on Wednesday breaking above the key resistance level of ₹3,400. This also confirms the bullish breakout of the prolonged sideways range that has been in place for almost one year.

The region between ₹3,400 and ₹3,370 will act as a good support. It can limit the downside if there is any intermediate dip.

Siemens share price can rise to ₹3,800 and even ₹4,000 in the coming weeks. Traders can buy Siemens shares at ₹3,577. Accumulate on dips at ₹3,460. Keep the stop-loss at ₹3,330 initially. Trail the stop-loss up to ₹3,610 as soon as the stock goes up to ₹3,660.

Revise the stop-loss higher to ₹3,720 and ₹3,840 when the share price touches ₹3,790 and ₹3,890 respectively. Exit the long positions at ₹3,960.

Video Credit: Businessline

Note: The recommendations are based on technical analysis. There is risk of loss in trading

Published on April 16, 2026