South Indian Bank - Upward trend

18 de mai. de 2017

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

26 de mai. de 2017

Nota

Target 1 reached : 27 after consolidation
If Nifty moves towards bullish trend, TP= 30, 35

29 de mai. de 2017

Trade ativo

Some consolidation and upward bullish trend could start as the scrip crosses resistance level in another 15-30 days (my call)

31 de mai. de 2017

Trade ativo

Closed at 28.15.. Upward trend with supporting accumulation to be seen.

8 de jun. de 2017

Trade ativo

Uptrend appears strong as to why bearish divergencies arent working as per MACD (momentum)
Yet to see TP

21 de jun. de 2017

Trade ativo

Going strong surpassing 52-week high

28 de jul. de 2017

Trade ativo

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