SOUTHBANK - GO LONG (Short term)Southbank: Target 39.45 in short-term (4-8 weeks), with SL 26.75 (on weekly closing basis). If result comes good on 2nd May, then may reach this target in less than 3 weeks too. Longby HelloPNR116
south India bank symmetrical triangle- narrow range in daily frame - close to trendline and upward direction - high possibility to break trend line and resistance by johnjen2088Updated 3311
South Indian Bank potentially performing well above the 29.50 South Indian Bank potentially performing well above the 29.50 levels on daily chart if surpassed, could unlock substantial bullish momentum for the stock. This analysis delves into the factors supporting a bullish outlook above these levels. bullish chart patterns forming around the 29.50 level. Disclaimer: Please note that I am not a SEBI-registered analyst. This document reflects my personal analysis and is not intended as a recommendation for any specific investment strategy. Investors should conduct their own research or consult a financial advisor before making investment decisions. Market investments carry risks, including the loss of principal.Longby SbsGreat2
SOUTH INDIAN BANK - CHEAPEST BANK AVAIABLEFundamentally its the cheapest bank in all banks. Technically it gave a super move but ultimately came down with markets.. Also becoz of the rights issue shares at Rs.22 levels. Now the rights issue is closed and its fully subscribed.. Once this stock crosses 30.50 level and close above it.. momentum should come back and it has a potential to double.. My trading plan already mentionedLongby KushalAgrawal12
South Indian Bank_SIP_Week_Month_Buy_support BV=25.5, IV=40 Positive: OPM>50%, CAGR=18% last 5 yrs, NPA reduced, Net Profit increased last 5 yrs, PE<10, PEG<1 Negative: Huge Debt/Borrowings/Liabilities, increased for last few yrs, ROCE<10%, Debt to Equity>8, ROE<5 last 3 yrs, Poor Sales growth p.a., Net cashflow Accumulate the stocks in proper support as drawn; a route to find the root to reach safely Longby Rajesh_roots_1080
SOUTHBANK LONGThe Elliott Wave Structure refers to the framework and pattern of price movement in financial markets as described by Elliott Wave Theory. According to the Elliott Wave analysis, waves (i) and (ii) have concluded for the stock; these waves are represented on the daily chart as blue numbers. Wave (iii) currently appears to be in progress. Wave (iii) is expected to have around five subdivisions, which are highlighted in red. Waves i, ii, iii, and iv (shown in red) of wave (iii) have been finished, while wave v is still unfolding. The black circle represents five subdivisions that will follow wave v of wave (iii). The chart displays the wave levels. Level of Invalidation The wave i has been identified as the invalidation level at 20.05. Because As per wave rules, Wave iv cannot enter the price territory of Wave i. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems. I am not a registered Sebi analyst. I conduct my research solely for academic purposes. Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses. Regards VJLongby vjdj20044421
South Indian Bank towards 55Its not a recommendation, the correction is done and ready to move to 35 Longby SbsGreat2215
South Indian Bank Again Ready For Another Bull Run-about to break symmetrical triangle pattern after retest with high volume, rsi already given breakout with high momentum keep in radar can give decent return in very short termLongby Marketik115
Swing To Positional Trade - SOUTH INDIA 🏦 Hi, Trade details shared in the chart/image Plz dont miss to BOOST/LIKE & Share For more info - Plz visit my profile Rgds, Naresh G SEBI Registered RA Longby NareshG_SEBI_REGISTERED_RA2210
South India BankRounding Bottom Monthly Basis. Breakout from the all time high of Jan 2018. Hold for 6-7 Months Target is 66. Please do your own Fundamental Research thoughby MoneyMentors43
SOUTH INDIAN BANK READY FOR BIG MOMENT#SOUTH INDIAN BANK MultiYear Breakout with big Volume on Weekly chart. Techincal RSI-Above(50) RS-Positive Fundamental Looking Good Int. On Advance-Increasing(Qtrly Basis) Total Net Profit-780 Cr(including All 3 Qtr 2023-24) Total Net Profit-775 Cr(fy-2023) Net NPA-1.61%(Declining qtry basis) Positive PE-6 Apprx(below Industry PE-17) Strategy-Buy on Dip Stop Loss-Super Trend Disclaimer-This analysis is only for learning Purpose Please do your self Study Note:- Be cautious before Interim budgetLongby sudhanshupaliwal50Updated 115
South Indian Bank LongTerm PositionalDate : 24-02-2024 Buy South Indian Bank above 40.5 Target of 49-55-75-85 SL 25 Accumulation zone : 31-27 Strategy : SBO + EMA above 20 & 50 Duration few weeks to Months Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHI14
SOUTH INDIAN BANK BUY @ 35.70 RS TARGET @ 46.00 RS CONFIRMATION: Pennat flag breakout Expected returns are around 29.00% Longby MohammedNiyas_139
South Bank - Mid Term - Swing Trade1) 14.10 - 16.50 -> strong supply zone 2) Wave 4 seems to be completed in this impulse move with ABCDE corrective pattern completed. 3) If this wave sustains over 21.70, confirmation of wave 5 is done. 4) Targets -> 25.30, 32.75 Views are personal, only for knowledge sharing. Not a recommendation.by KunalSaxena10Updated 2
south india bank upcoming result and board meeting ..South Indian Bank takes support 50 EMA and the upcoming result may it can touch 52 weeks high which is 40 target -1 and target -2 : 45 Longby Knctrader1
South India Bank - PowerplayWith the Bank Index been weak..its affected all the co's which even gave good results from the sector. The bank seems poised for a move over the next few months with all its Ratios (Except CASA) being in optimal zone. Long at current price with stoploss below 31 and this might even be one where you ignore the SL and instead average downwards. There is slight overhand of a rights issue which might be holding down the price..Board meeting on 21st. Might hit momentum above 36/37. Would make for a stock where adding at CMP or as close to 31 and then again above 37.50 and again above 40 might make fora great pyramid to get a good allocation. Longby rdkriplani9
Rounding bottom breakout!Stock has breakout and retest from rounding bottom pattern and also trading all time high levels by breaking 2018 levels and ready to fly from current levels. Can initiate long at current levels with risk @ 33. Longby DEVA073323
South Indian Bank - Short term swing South Indian Bank - Short term swing available ? , could you ? or wait ? comment ?Longby MADHUVICTOR10
SOUTHBANK: Daily Breakout target hit. What next?Analysis for educational purposes only. I am not a registered analyst. This is continuation of: Target reached today 24th Jan. what next? Possible options: - exit fully - exit partially How to plan for exit? - Is there another target nearby? Yes there is. Join previous HH in monthly chart. - Do we see a breakout in another timeframe? Price is close to breakout in Monthly chart. If the wait till the month end is not risky, then possibly hold 2/3rd till either second target is reached or breakout fails. - If the breakout fails or reaches second target, can close another 1/3rd position Stop Loss: It's still at the daily Higher Low. Enter/Hold a stock if we know our stop loss and are okay with risk associated with the computed loss.Longby srini_chartsUpdated 6
SOUTHBANK | Swing Trade📊 DETAILS Sector: Bank - Private Mkt Cap: 5,828 cr South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business. TTM PE : 6.37 (Average PE) Sector PE : 25.57 Beta : 0.77 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 2.28% away from 52 week high Underperformer - South Indian Bank up by 2.96% v/s NIFTY 50 up by 2.99% in last 1 month 📈 FINANCIALS Piotroski Score of 4/9 indicates Weak Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 29
South Indian Bank - ATH breakoutWith good news coming via better valuations + low net NPA's. Long at CMP and add further above 35/36. (ATH breakout) This is more an investment pick. Keep a trailing SL at the 50EMA. Longby rdkriplani2
BREAK ALL TIME HIGHNSE:SOUTHBANK Monthly Time Frame Rounding Bottom Chart Pattern 6 Saal Baad Price Ne Life High Break Kiya Hai.Longby NishantNagar7
Very Simple Price ActionFirst it was in a parallel zone then it broke but did not sustained upside and came back back to zone but this time it has broke the zone with high volume likely to continue upside momentum.Longby MarketikUpdated 7