SOUTH INDIAN BANK TREND NOW

TREND - NEGATIVE

PRESENT ZONE-
Rebounding from demand zone 1.

FORECAST -As per ZONE
must cross above prev high.but will encounter lots of supply zones.
requires gap up or positive news flow.


MY TAKE-
caught between supply and demand zones.Grinding expected with negative bias.

(Note-only make entry at DEMAND ZONE's & Exit at SUPPLY ZONE's for BETTER RISK REWARD)
IF FOUND USEFUL KINDLY CLICK BOOST ICON

Comment:

FROM 25.85 27.15 full of supply zones.
gap up required.

other wise will slowly grinding up

Comment:

Crossed supply zones after grinding as told.
once 28 crosses 29.65 target