SOUTH INDIAN BANKSouth Indian Bank (SOUTHBANK) Update: The stock is showing a bullish trend, taking strong support at a key level! With momentum picking up, there's potential for a promising move upward. Would you consider buying near ₹24, aiming for a target of ₹36+ in 2 years. #SOUTHBANKLongby EmpireCrown1
South Indian Bank Long Trade StrategyWe can entry a trade if it gives a clear green candle breakout above 25rs in a day chart, and expect a level of 30rs as first target and if it breaks above 30rs we can expect the stock to reach its all time high of 37rs, Make sure to set a stoploss just below the breakout candle. If the stock breaks downwards it may reach a level of 20rs in upcoming days, so lets wait for an confirmation candle to activate the trade. Cheers happy trading! disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own riskLongby malathyshanmuganathan4
SOUTH INDIAN BANKCurrent bias price is bullish we can expect first target to resistance level or move sl into below level of resistance.by Dineshmd118
Turning Bullish:: south India BankOn a weekly basis, if the stock close above 25, We can expect a decent move. Longby shanmurali11
South Indian Bank Ltd. @ 24.07Sector: Bank - Private Slowing down stock Stock with good financial perrformance alongside good to expensive valuation, but technical indicators shows weak momentum indicating no investors interest in stock. Mutual Funds have increased holdings from 1.69% to 2.19% in Jun 2024 qtr. 52 Week High 40.15 52 Week Low 16.50 All Time High 40.15 All Time Low 1.03 Book Value Per Share 27.97 Dividend Yield: 1.25 Sector PE 18.09 Face Value 1 Beta 1.25 Mkt Cap (Rs. Cr.) 6,297 Supports: 12, 4 Upside can be: 40, 55+ NOTE: Not a BUY or SELL SIGNAL. All updates are only for the educational and knowledge purpose.by kacraj2
South India Bank 26.90 - 30%-40% return in short term South India bank is fundamentally strong stock. Revenue has increased over the period and also the profits. Institutional investors are eyeing on this stock and coming days might witness sudden move in price. if any big institution or securities broker recommends the stock than i would wait for 15days and buy it later. Target of Rs 32 - 33 Longby rajeshm99915
SOUTHBANK LONGThe Elliott Wave Structure refers to the framework and pattern of price movement in financial markets as described by Elliott Wave Theory. According to the Elliott Wave analysis, waves (i) and (ii) have concluded for the stock; these waves are represented on the daily chart as blue numbers. Wave (iii) currently appears to be in progress. Wave (iii) is expected to have around five subdivisions, which are highlighted in red. Waves i, ii, iii, and iv (shown in red) of wave (iii) have been finished, while wave v is still unfolding. The black circle represents five subdivisions that will follow wave v of wave (iii). The chart displays the wave levels. Level of Invalidation The wave i has been identified as the invalidation level at 20.05. Because As per wave rules, Wave iv cannot enter the price territory of Wave i. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems. I am not a registered Sebi analyst. I conduct my research solely for academic purposes. Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses. Regards VJLongby vjdj2004Updated 6628
South Indian Bank Breakout seen in South Indian Bank *Investment in Equity are subject to market risk do own research before start investing in Equity. Shortby sreekumars6
Technically break out South Indian bank technically breakout and shows good returns for last year.Now they are increasing their investment on advances like loans.Longby SIVANSIVA7
southindiabank- SG Bhago volume constriction type 2southindiabank- SG Bhago volume constriction type 2 1) flag N pole 2) Retesting the levels 3) Lets seeLongby saurav09917
SOUTHBANK - Weekly AnalysisIn the Weekly Chart of SOUTHBANK , we can see that, it is same range since weeks. After testing the Trendline it has now created a inside candle. Enter on breaking Candle's High with Low as SL.Longby JatinManani1
south India bank symmetrical triangle- narrow range in daily frame - close to trendline and upward direction - high possibility to break trend line and resistance by johnjen2088Updated 3312
South India bank inverted head and shoulder-forming inverted head and shoulder pattern in monthly chart as well as weekly -trendline mid-level 24-25 is the important area to be consider -first target 38-40 & and 2nd target 65 This analysis is my own idea. I don't recommend taking trade based on this idea. Know the market risk before trade.Longby johnjen20884
SOUTHBANK - GO LONG (Short term)Southbank: Target 39.45 in short-term (4-8 weeks), with SL 26.75 (on weekly closing basis). If result comes good on 2nd May, then may reach this target in less than 3 weeks too. Longby HelloPNR1110
South Indian Bank potentially performing well above the 29.50 South Indian Bank potentially performing well above the 29.50 levels on daily chart if surpassed, could unlock substantial bullish momentum for the stock. This analysis delves into the factors supporting a bullish outlook above these levels. bullish chart patterns forming around the 29.50 level. Disclaimer: Please note that I am not a SEBI-registered analyst. This document reflects my personal analysis and is not intended as a recommendation for any specific investment strategy. Investors should conduct their own research or consult a financial advisor before making investment decisions. Market investments carry risks, including the loss of principal.Longby SbsGreat2
SOUTH INDIAN BANK - CHEAPEST BANK AVAIABLEFundamentally its the cheapest bank in all banks. Technically it gave a super move but ultimately came down with markets.. Also becoz of the rights issue shares at Rs.22 levels. Now the rights issue is closed and its fully subscribed.. Once this stock crosses 30.50 level and close above it.. momentum should come back and it has a potential to double.. My trading plan already mentionedLongby KushalAgrawal13
South Indian Bank_SIP_Week_Month_Buy_support BV=25.5, IV=40 Positive: OPM>50%, CAGR=18% last 5 yrs, NPA reduced, Net Profit increased last 5 yrs, PE<10, PEG<1 Negative: Huge Debt/Borrowings/Liabilities, increased for last few yrs, ROCE<10%, Debt to Equity>8, ROE<5 last 3 yrs, Poor Sales growth p.a., Net cashflow Accumulate the stocks in proper support as drawn; a route to find the root to reach safely Longby Rajesh_roots_1081
South Indian Bank towards 55Its not a recommendation, the correction is done and ready to move to 35 Longby SbsGreat2215
South Indian Bank Again Ready For Another Bull Run-about to break symmetrical triangle pattern after retest with high volume, rsi already given breakout with high momentum keep in radar can give decent return in very short termLongby Marketik115
Swing To Positional Trade - SOUTH INDIA 🏦 Hi, Trade details shared in the chart/image Plz dont miss to BOOST/LIKE & Share For more info - Plz visit my profile Rgds, Naresh G SEBI Registered RA Longby NareshG_SEBI_REGISTERED_RA2210
South India BankRounding Bottom Monthly Basis. Breakout from the all time high of Jan 2018. Hold for 6-7 Months Target is 66. Please do your own Fundamental Research thoughby MoneyMentors43
SOUTH INDIAN BANK READY FOR BIG MOMENT#SOUTH INDIAN BANK MultiYear Breakout with big Volume on Weekly chart. Techincal RSI-Above(50) RS-Positive Fundamental Looking Good Int. On Advance-Increasing(Qtrly Basis) Total Net Profit-780 Cr(including All 3 Qtr 2023-24) Total Net Profit-775 Cr(fy-2023) Net NPA-1.61%(Declining qtry basis) Positive PE-6 Apprx(below Industry PE-17) Strategy-Buy on Dip Stop Loss-Super Trend Disclaimer-This analysis is only for learning Purpose Please do your self Study Note:- Be cautious before Interim budgetLongby sudhanshupaliwal50Updated 115
South Indian Bank LongTerm PositionalDate : 24-02-2024 Buy South Indian Bank above 40.5 Target of 49-55-75-85 SL 25 Accumulation zone : 31-27 Strategy : SBO + EMA above 20 & 50 Duration few weeks to Months Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHI14