The negative candle had a minor upper and lower shadow. Technically, such a candle indicates a completion of recent uptrend and a beginning of short term downward correction from the high according to Nagaraj Shetti of HDFC Securities.
Siemens Energy to list on exchanges after demerger; growth prospects bullish
Siemens Energy India shares are set to debut on the stock market following its demerger from Siemens. Analysts predict substantial growth, projecting a 40% CAGR