Please do not buy unless that line is broken.
The results of SOUTHBANK are expected to be in line with estimates so we can enter above 16 SL 15.2 Target 18++
South Bank trading near strong resistance or Fibonacci level.
CMP 16 Buy range 15.8-16.1 SL 15.55 TARGET 16.75
SOUTHBANK traded on NSE with 7 times its average volumes gaining 16% in trade. Signifies a pullback rally. Buy SOUTHBANK on NSE at 14.4 Target 16.4 and Stoploss of 13.4
Short SOUTHBANK below 18.20 T1: 17.50 T2: 17.00 SL: 18.90
Southbank is resting on the support zone from where it has been picked to form higher highs in the recent past. Keep under observation or invest for long term perspective. The same levels have earlier acted as resistance and have now transformed into support.
South Indian Bank, Inverted Cup & Handle pattern forming. Short can be initiated for target of Rs.20.20. SL of 25.
Dear All , Everything is mentioned over the Chart ... Good Luck !!!
I hope you can now see how SOUTHBANK CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price analysis you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour.. Thanks for reading ,Good...