THE SOUTH INDIAN BANK LTD
Long
Updated

SOUTHBANK By KRS Charts

838
2nd Jan 2025 / 1:05 PM

Why SOUTHBANK ❓

1. Fundamentally Stable Company ✅

2. Wave Count seems like 4th Wave is about to Finish. 👍

3. Currently taking support on 100 EMA 1W Timeframe with Bullish Doji candle.

4. Descending Flag Pattern Breakout with Retest with bullish trait 📈

Initial Target - ~34 Rs.
SL 1W Closing below 100 EMA


Trade closed: stop reached

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