South India Bank is trading around 8Rs, recently some buying volume seen and seems like in accumlation stage. Can be good penny investment, as a rule, not more than 10% of your portfolio. Buying area 5-9 Rs. Targets : 13,20,30+ Risk is limited, however rewards can be huge, it may easily double or triple.
NSE:SOUTHBANK South Indian Bank Limited is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 871 branches, 4 service branches, 53 extension counters and 20 Regional Offices spread across India. The bank has also set up more than 1,500 ATMs and 91 Cash Deposit Machines NSE:SOUTHBANK
[* 1 stocks broken important resistance and trendline resistance Stocks above moving averages Fii did buying seen
Hello Welcome to this analysis about SOUTH INDIAN BANK , we are looking at daily timeframe perspectives. SOUTH INDIAN BANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SOUTH INDIAN BANK is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch...
South India Bank-CMP Rs. 11.40-Stock crosses 0 Line and since than Trading volumes are good and delivery volumes are also good, stock is about to give a break out, BUY the stock at current price on dips till 11 Rs. with a stop loss of 10.30 on closing basis for the target of Rs. 12.50/13.50/15 in next 1-3 Months.