After a prolonged correction from \u20b93,400+ to \u20b92,117, Siemens Energy India has staged a strong technical rebound, reclaiming multiple intermediate levels in a short span of time.<\/p>\n
Today\u2019s price action shows continuation strength, with price pressing into the \u20b92,885 zone \u2014 a level that earlier acted as a breakdown trigger.<\/p>\n
What I observe on the chart-
\nClear V-shaped recovery from major demand (\u20b92,100 zone)
\nStrong bullish momentum candles with minimal pullbacks
\nReclaim of \u20b92,650 (structure base)<\/p>\n
Price now testing a supply \/ structure flip zone near \u20b92,885\u2013\u20b93,080
\nThis is not just a bounce anymore \u2014 this is a retest of a prior breakdown area.<\/p>\n
Why this zone matters now \u20b92,885\u2013\u20b93,080 is:
\n\u2714 Previous support turned resistance
\n\u2714 Area of heavy supply during the fall
\n\u2714 Structural pivot for medium-term trend shift<\/p>\n
My professional view (pure price action)-
\nIf price sustains above \u20b92,900\u2013\u20b93,000 with acceptance and volume support, this can mark the beginning of a medium-term structure reversal.<\/p>\n
However, failure here may lead to consolidation after a sharp 30\u201335% recovery from lows.<\/p>\n
This is a high-decision zone \u2014 and the reaction here will define the next swing.<\/p>\n