Auroma

South Indian Bank - CMP: 8

Long
NSE:SOUTHBANK   SOUTH INDIA BANK
It has made the double bottom and has taken support at the demand zone and move ahead. RSI and ADX also indicating positive bios. Increasing in delivery volume indicated positive movement likely to happen. Price is likely to retrace from the bottom. We can expect the price movement upto 9.60 in the near term.

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