Tuesday, March 12, 2013

Siemens Ltd:Positive

Today siemens reached year low.how about buying this at 620? ask by anonymous. 
1.Siemens Ltd is a 2 rupee face value heavy equipment company. 
2. Year high of 838.70 and year low 482.35 ( after your asking stock make a new year low ) but now Siemens Ltd traded at 550.55 this is a good recover and good reversal sign. 
3. promoters of Siemens Ltd hold 74.71% FII hold 3.45 and DII hold 8.39 so this is a good pattern. 
4.Siemens Ltd is a dividend paying stock. 
5. Only one concern for me that in dec 12 stock show heavy bulk deals in sell side so i like this stock but due to bulk deals i advice you that buy in SIP method because I think in coming 12 months stock may be make more year lows. 
6. Overall my view is positive for Siemens Ltd, but buying is advised only in SIP method.I have no any stock of Siemens Ltd

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