SIEMENS NEAR RESISTANCE LEVEL

SIEMENS, one of my favorite stocks as this stock has always obeyed the untold rules of price action without any hindrance. The stock has always been fundamentally very strong. Now the stock is trading at 7,968 at a very crucial level. the stock can plummet back to its Support Zone or if it manages to break the Resistance level (on the Daily as well as the Weekly TF) as marked on the chart can go on a nice bull run in the coming few weeks.