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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 2024-10-17 View latest technical analysis

10 day averaged volume of South Indian is 14314087

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	25.19	25.95	26.29	25.09	3.043 times
16 Wed Oct 2024	25.52	24.09	25.67	23.97	3.591 times
15 Tue Oct 2024	23.95	23.94	24.14	23.87	0.409 times
14 Mon Oct 2024	23.93	23.96	24.08	23.79	0.542 times
11 Fri Oct 2024	23.86	23.57	23.93	23.50	0.514 times
10 Thu Oct 2024	23.57	23.98	24.14	23.46	0.869 times
09 Wed Oct 2024	23.94	24.00	24.18	23.90	0.45 times
08 Tue Oct 2024	23.86	23.20	24.03	23.00	0.857 times
07 Mon Oct 2024	23.21	24.09	24.20	23.05	1.042 times
04 Fri Oct 2024	24.03	24.40	24.41	23.83	0.796 times

Stock of South Indian (SOUTHBANK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25, but if it comes below 25, then a intra day sell could be more profitable.
If you take a sell trade below 25, then use 25 as stoploss and 24.41 as target. However if you take a buy trade in stock , then use 25 as stoploss and 25.7 as target.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	23.00
Downside Target	23.79
Upside Target	25.44
Upside Target	25.45
Upside Target	25.70
Upside Target	25.90
Upside Target	26.29
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	23.89
Downside Intraday Target	22.59
Upside Intraday Target	26.39
Upside Intraday Target	27.59
Downside Intraday Target	25.09

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	25.19	23.96	26.29	23.79	2.032 times
11 Fri Oct 2024	23.86	24.09	24.20	23.00	1.271 times
04 Fri Oct 2024	24.03	24.85	24.85	23.83	0.764 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

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
17 Thu Oct 2024	25.19	24.60	26.29	23.00	0.961 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for South Indian stock for short term is BUY. Signal strength is Strong 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 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 24.63 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.