Buy Siemens...

Guyz,
Siemens is flying away in last hr of trade as it has bagged 40 bn rs order in Qatar....tomorrow is also another big day for this company.....maybe a bonus!!!!

hmmm.... okay

[]
aah! Market doesnt follow predictions !

Be cautious the capital goods space has been slowing.
Recently published capital goods sector data suggest only 2% growth in Cap goods for September (YoY).

Hi,

This is a request for Jai and all the seniors
Seniors please give us opinions for Siemens .(Swing Trading)
Today it was quite down.

Regards,
Raju

Intraday Chart of Siemens..

Jay

Hi Jai,

Thanks for the Info.

Regards,
Raju

I cannot understand why Siemens is falling so much today even after all the good news .. It is now 6.29% down. Can anyone explain?

Siemens is going down because there is some accounting problem of the parent company and no one knows how it will affect the indian arm i.e Siemens India.

There seems to have been panic selling in the counter. In Germany (Frankfurt) , the stock fell only 1.85% as broader markets traded weakly. I think this stock is a good buy at the lower prices now.