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(SOUTHBANK) South Indian complete technical analysis [charts+indicators] | Buy/Sell South Indian | (SOUTHBANK) share price targets

Complete technical analysis of South Indian (SOUTHBANK) by charts plus indicators, forecast predictions and share price targets for South Indian (SOUTHBANK)

South Indian trades in NSE in Banks sector.

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of South Indian is 40430276

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	29.45	29.50	29.95	29.25	0.952 times
04 Thu Apr 2024	29.50	29.35	29.70	28.95	1.429 times
03 Wed Apr 2024	29.10	28.20	29.30	28.00	1.587 times
02 Tue Apr 2024	28.20	27.45	28.50	27.25	2.034 times
01 Mon Apr 2024	29.30	27.80	29.45	27.75	1.129 times
28 Thu Mar 2024	27.25	27.30	28.10	26.90	1.172 times
27 Wed Mar 2024	27.75	28.50	28.55	27.60	0.52 times
26 Tue Mar 2024	28.40	28.75	29.00	28.30	0.416 times
22 Fri Mar 2024	28.95	28.25	29.40	28.00	0.647 times
21 Thu Mar 2024	28.25	28.25	28.80	28.10	0.468 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 29.5 as stoploss in an intra day sell trade for a target of 28.53. However, stock will show a bullish move above 29.5.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	24.60
Downside Target	25.25
Downside Target	26.10
Downside Target	26.90
Downside Target	28.50
Upside Target	29.60
Upside Target	30.60
Upside Target	30.65
Upside Target	30.75
Upside Target	32.40
Upside Target	32.90
Upside Target	35.90
Upside Target	40.15

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	27.82
Downside Intraday Target	26.18
Upside Intraday Target	30.52
Upside Intraday Target	31.58
Downside Intraday Target	28.88

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	29.45	27.80	29.95	27.25	3.382 times
28 Thu Mar 2024	27.25	28.75	29.00	26.90	0.653 times
22 Fri Mar 2024	28.95	30.45	30.65	27.55	0.513 times
15 Fri Mar 2024	29.75	30.00	30.75	25.25	1.981 times
07 Thu Mar 2024	29.80	32.20	32.40	29.60	0.502 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of South Indian (SOUTHBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	29.45	27.80	29.95	27.25	0.468 times
28 Thu Mar 2024	27.25	32.85	32.90	25.25	0.575 times
29 Thu Feb 2024	32.35	34.90	40.15	30.60	0.68 times
31 Wed Jan 2024	34.70	26.70	35.90	26.10	2.058 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of South Indian (SOUTHBANK)

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for South Indian stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for South Indian in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

South Indian Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for South Indian in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of South Indian is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.68 and South Indian (SOUTHBANK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the South Indian (SOUTHBANK) stock. Volume based technical analysis of South Indian (SOUTHBANK) stock is negative.

South Indian Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.