SouthBankBuy - Only Near 9 / After Sustaining Above 10 For A Week.
SL - Below 8 Daily Weekly Closing Basis
Target-15-20-25++
Time Frame - As Per Your Mind.
Penny Stock But Looks Very Good For In Portfolio.
Must Have This At Thrown Away Prices.
SOUTHBANK trade ideas
South India BankBuy- 9.50-10
SL - 9 Below Daily closing Basis..
Target - 14-18-20++
Time Frame - 3 -4 Months
No One Can Get The Risk Reward This Much Favorable..
Grab It With Both hands..
But For Patient Investrors ONly..
South Indian Bank Nice buy setup Very high probability setup in making let price break previous low, there is also trend line support look for bounce from there, how far it can go is kinda early to tell, monthly view suggest it might go pretty high, but still be cautious after it break previous high.
Good luck
South India bank bullishSouth india bank is gearing up and is bullish on chart.
RSI above 50% with positive momentum.
MACD is also in favor.
20 and 50 DMA is acting as good support and favoring the upward movement.
Price action is range bound and is just bouncing back from its lower support.
We can see the upward journey very soon.
Disclaimer: This is for educational purpose. This is not an investment advice.
SOUTH BANKsouth india bank technical analysis
50 SMA support
channel range
Resistance becomes support
SOUTH INDIAN BANK levels...04.10.2021 ( W candle)SOUTH INDIAN BANK travelling in clear trendline...so we follow that trend until its break...it can be multibagger in long term
Southindian bank- CMP 9.6It 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.
South India BankBuy-9.50-9
SL-7.5 Below Daily Closing Basis
Target-11-13++
After A Healthy Correction The Stock Is Trading Around Support..
Accumulate It..
Do Note-- Penny Stock ( Remember The Risk Involved)..
SOUTHBANK | Channel breakout - Previous resistance now supportSOUTHBANK | Channel breakout - Previous resistance now support - Investment opportunity for 160%
CMP : 12.90 (Dip : 12)
SL : 11
Target : 18,33
SOUTH INDIA BANKThis is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk
South India Bank- Weekly Chart- Cup & Handle Breakout CMP 13 BuSouth India Bank- Weekly Chart- Cup & Handle Breakout
CMP 13 Buy For Target 17-20-23-28+
SL Below 9
Holding Period 1-2 Years
south bank trade in channel pattern and break out happen all details are in above chart... if you take trade before you analyse proper and take at your own risk...
SOUTH INDIAN BANK - Good Days Coming?...LONG TERMFrom Last Year Stock is Trading Between this PRICE RANGE of 10.90 ---TO---4.80
good Channel pattern formed on higher time frame 4hr..
Gave breakout with heavy volume ...IT might be False On But i am bullish on this penny stock for Target of 30-50 Ruppes...in 2-3 years...
Buy above only gave breakout to level of 11.85--11.90... For ShortTerm Target - 12,15,18,20 SL- 8-9
One can invest for too Long term Like For 15-20 Years For Levels of my view xD..200-250rupees
Thank You..
*INVESTONOWNRISK
On the verge of breakout ✌✌This scrip is ready to give breakout on tomorrow as it is going to cross the trendline. So traders keep on your radar to catch the momentum.
The South Indian Bank is showing signs of heading NORTHKeep a track as it it attempting to break its falling trend line on a daily chart.
Decent volume build up can be seen.
Keep an eye for close above 11.10 for positive indication and confirmation.
For education purpose only. Do ur own study please if u wish to invest.
Flag Pattern in South Indian BankFlag pattern is common and continuation chart pattern in trading.
South Indian Bank forming Flag and pole pattern in daily TF
1. On 7th June it has formed a Bull candle before it showed exhaustion in bear candles and bears are tried to push the price down
2. Volume is key for any Breakouts and i am waiting for good breakout candle with high volume
3. 11.50 is the breakout price for south Indian Bank on daily close
4. It would be good entry after breakout SL of 9.50 aggressive buyers can buy small qty now until 10 and average after breakout done
5. 1st target 12.25 and 2nd target 15.50 to 15.75
6. RSI already above 60 and MACD about to do cross over for additional confirmation
Disclaimer: Views are for educational purpose only
You are welcome to post your comments
South Indian Bank, Trend changeSouth Indian Bank, breaks very strong resistance, Enter on buy side here with SL below 9.8.
First Target 12.5 and Second target 17.5
