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avlnrao63
Aug 26, 2021 5:35 AM

Southindian bank- CMP 9.6 Long

SOUTH INDIA BANKNSE

Description

It is n verge of crossing its 200EMA which s at 9.7 and also RSI is reversing from over sold zone, MACD cross over is happening. Once it crosses and settles above 200EMA then it will go uo to 10.10, 11.3, 12, 13++ soon with a sl of 8 on closing basis. Today cash volumes are also very good. This is for educational purpose and any position shall be taken after consulting financial adviser.
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