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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 2024-08-23 View latest technical analysis

10 day averaged volume of South Indian is 15218053

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	26.33	27.00	27.04	26.25	0.845 times
22 Thu Aug 2024	26.90	26.25	26.99	26.07	1.59 times
21 Wed Aug 2024	25.97	25.51	26.15	25.48	0.956 times
20 Tue Aug 2024	25.51	25.60	25.63	25.30	0.784 times
19 Mon Aug 2024	25.63	25.23	25.70	25.20	1.054 times
16 Fri Aug 2024	24.98	24.25	25.12	24.14	0.928 times
14 Wed Aug 2024	24.07	24.65	24.65	24.01	0.909 times
13 Tue Aug 2024	24.53	24.90	24.95	24.50	0.908 times
12 Mon Aug 2024	24.84	24.98	25.00	24.68	0.879 times
09 Fri Aug 2024	24.99	25.12	25.17	24.90	0.947 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 26.7 as stoploss in an intra day sell trade for a target of 25.74. However, stock will show a bullish move above 26.7.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	24.01
Downside Target	24.84
Downside Target	25.85
Upside Target	26.90
Upside Target	27.04
Upside Target	27.38
Upside Target	27.78
Upside Target	28.19
Upside Target	28.85
Upside Target	31.15
Upside Target	31.80

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	25.34
Downside Intraday Target	24.35
Upside Intraday Target	27.18
Upside Intraday Target	28.03
Downside Intraday Target	26.19

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	26.33	25.23	27.04	25.20	1.443 times
16 Fri Aug 2024	24.98	24.98	25.12	24.01	0.55 times
09 Fri Aug 2024	24.99	25.85	25.85	24.84	0.872 times
02 Fri Aug 2024	26.33	27.15	27.78	26.13	1.226 times
26 Fri Jul 2024	26.90	27.24	27.38	25.90	0.525 times

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

Monthly technical analysis of South Indian (SOUTHBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	26.33	26.96	27.04	24.01	0.493 times
31 Wed Jul 2024	26.76	27.00	28.19	25.90	1.101 times
28 Fri Jun 2024	26.94	27.90	28.85	24.30	0.895 times
31 Fri May 2024	26.95	30.95	31.15	26.35	0.64 times

Scroll below to view daily charts

Price has moved down 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for South Indian stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.

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 SELL signal for South Indian in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 25.48 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 positive

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