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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 2024-10-03 View latest technical analysis

10 day averaged volume of South Indian is 10240516

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	24.34	24.60	24.70	24.22	1.302 times
01 Tue Oct 2024	24.53	24.60	24.80	24.50	0.835 times
30 Mon Sep 2024	24.58	24.85	24.85	24.50	0.856 times
27 Fri Sep 2024	24.76	24.84	25.00	24.70	0.911 times
26 Thu Sep 2024	24.80	24.89	25.35	24.72	0.988 times
25 Wed Sep 2024	24.85	24.95	24.98	24.75	0.7 times
24 Tue Sep 2024	24.95	25.30	25.45	24.91	0.985 times
23 Mon Sep 2024	25.25	24.64	25.39	24.50	1.785 times
20 Fri Sep 2024	24.55	24.61	24.84	24.49	1.13 times
19 Thu Sep 2024	24.61	25.00	25.19	24.42	1.145 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 24.3, for a target of 24.6 or 24.86

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	24.01
Upside Target	25.44
Upside Target	25.45
Upside Target	25.59
Upside Target	25.70
Upside Target	25.90
Upside Target	27.04
Upside Target	28.19
Upside Target	28.85

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	24.09
Downside Intraday Target	23.84
Upside Intraday Target	24.72
Upside Intraday Target	25.1
Upside Intraday Target	24.47

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	24.34	24.85	24.85	24.22	0.557 times
27 Fri Sep 2024	24.76	24.64	25.45	24.50	1.166 times
20 Fri Sep 2024	24.55	25.33	25.44	24.42	0.971 times
13 Fri Sep 2024	25.33	25.00	25.59	24.53	1.11 times
06 Fri Sep 2024	25.00	25.69	25.70	24.90	0.889 times

Price has moved down 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
03 Thu Oct 2024	24.34	24.60	24.80	24.22	0.108 times
30 Mon Sep 2024	24.58	25.69	25.70	24.42	0.638 times
30 Fri Aug 2024	25.63	26.96	27.04	24.01	0.583 times
31 Wed Jul 2024	26.76	27.00	28.19	25.90	1.101 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for South Indian in short term and the sell signal is strong.

South Indian Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for South Indian in short term and SELL signal is strong!

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 24.75 and South Indian (SOUTHBANK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.