SIEMENS – Symmetrical Triangle Breakout at ₹3300

Siemens has successfully broken out of a well-defined symmetrical triangle pattern, and the breakout has occurred with a strong bull candle above the upper trendline, which adds conviction to the move.
📌 Key Technical Highlights

Pattern: Symmetrical Triangle

Breakout Level: ~₹3300

Candle Type: Bullish breakout candle (good body, strong close)

Volume Confirmation: If accompanied by rising volume, the breakout becomes even stronger.

Trend Context: Siemens has been in a broader uptrend, and triangle breakouts in an uptrend typically act as continuation patterns.

📈 What to Watch Next

Sustaining above ₹3300 for 1–2 sessions

Retest of the breakout level (if it happens) with a bounce

Volume expansion supporting the upside