knowyourstocks

SOUTH INDIA BANK TRIANGLE BREAKOUT

Long
NSE:SOUTHBANK   SOUTH INDIA BANK
After a 2 year long downtrend, South India Bank has finally given a triangle pattern breakout in Daily charts with a huge volume outburst.

LTP-11.30
Target price: 13.5/15/18.5 in short term
Aim for 27-35 in Medium to long term
Stop Loss- 9.65

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