South Indian Bank - Upward trend
Aggiornato
Can call next level in month or so, to TP = 30,35
Didnt fall down much post results
RSI also near neutral stage
Price to book value: 1.15 (Safe)
Price to Sales: 0.81
Sl = 19
Didnt fall down much post results
RSI also near neutral stage
Price to book value: 1.15 (Safe)
Price to Sales: 0.81
Sl = 19
Nota
Target 1 reached : 27 after consolidationIf Nifty moves towards bullish trend, TP= 30, 35
Trade attivo
Some consolidation and upward bullish trend could start as the scrip crosses resistance level in another 15-30 days (my call)Trade attivo
Closed at 28.15.. Upward trend with supporting accumulation to be seen.Trade attivo
Uptrend appears strong as to why bearish divergencies arent working as per MACD (momentum)Yet to see TP
Trade attivo
Going strong surpassing 52-week highTrade attivo
Where will it go?Double Dojis and spinning top candlestick pattern at the top of trend showing sign of clear indecisiveness and chance of reversal..
If bullish engulf, Surging to new heights :)
If bearish reversal follows, Planning to exit at 28-29
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