In daily chart, volume is same for last 3-4 days but daily candle keeps getting bigger wick at top. Price action suggest the weakness. There is a resistance area around 22. What do you thi?
South India Bank is trading around 8Rs, recently some buying volume seen and seems like in accumlation stage. Can be good penny investment, as a rule, not more than 10% of your portfolio. Buying area 5-9 Rs. Targets : 13,20,30+ Risk is limited, however rewards can be huge, it may easily double or triple.
[* 1 stocks broken important resistance and trendline resistance Stocks above moving averages Fii did buying seen
DMI supports the price action, indicating the momentum is still intact. Buy - 14.65 Stop Loss - 13.8 Target - 16.6
If closed avove 14.40 then it will take support and target would be immediate 18
BUY SOUTH BANK Buy Entry @ 9.50 Target @ 15 Stop Loss @ 7 Risk Reward 1:2.5 Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best of luck.. Shakthi
One can buy keeping all below trendline, Low rish high reward trade Could be multibagger
As the chart forms a falling wedge pattern, will it break out? The fibonacci retracement levels can be used to identify the key levels of support. RSI and MACD support the change of reversal! Have a good trade ahead!!!!!!!!!!
Hello Welcome to this analysis about SOUTH INDIAN BANK , we are looking at daily timeframe perspectives. SOUTH INDIAN BANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SOUTH INDIAN BANK is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch...
This is a descending triangle pattern. Please take a trade after brackout. Set stop loss .
South India Bank-CMP Rs. 11.40-Stock crosses 0 Line and since than Trading volumes are good and delivery volumes are also good, stock is about to give a break out, BUY the stock at current price on dips till 11 Rs. with a stop loss of 10.30 on closing basis for the target of Rs. 12.50/13.50/15 in next 1-3 Months.
Keep In Radar Crossing Moving Average With a Good Volumes God Bet To Buy
NSE:SOUTHBANK South Indian Bank Limited is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 871 branches, 4 service branches, 53 extension counters and 20 Regional Offices spread across India. The bank has also set up more than 1,500 ATMs and 91 Cash Deposit Machines NSE:SOUTHBANK
follow up on earlier HTF graph ...
20% circuits revised has to be for some reason wanted to do this earlier but never got around to it... looks good to buy levels on chart...
MACD suggests a Bounce soon but I will wait for weekly close before entering, I still think one more leg down is in cards. I will update in timeline
southindian bank research, flag pattern if up target is 33 else negative pole height monthly chart