Trading-wise

South Indian bank - Symmetrical Triangle Pattern

Long
NSE:SOUTHBANK   SOUTH INDIA BANK
SOUTHBANK is on the verge of breaking the Symmetrical Triangle pattern. It has strong support at 28.30 and has been trading in the range of 28.30 to 29.60 for past 7 days.

One can go long on confirmation of breaking above the triangle pattern.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.