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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 2024-03-21 View latest technical analysis

10 day averaged volume of South Indian is 41522780

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	28.25	28.25	28.80	28.10	0.456 times
20 Wed Mar 2024	27.75	28.30	28.50	27.55	0.581 times
19 Tue Mar 2024	28.15	29.00	29.15	28.05	0.579 times
18 Mon Mar 2024	29.05	30.45	30.65	28.85	0.897 times
15 Fri Mar 2024	29.75	27.35	30.75	26.40	1.526 times
14 Thu Mar 2024	27.25	26.00	27.80	25.25	1.499 times
13 Wed Mar 2024	26.25	27.85	28.45	26.05	1.265 times
12 Tue Mar 2024	27.70	28.45	28.70	27.50	1.049 times
11 Mon Mar 2024	28.45	30.00	30.10	28.20	0.785 times
07 Thu Mar 2024	29.80	30.25	30.60	29.60	0.698 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 27.7 as stoploss in an intra day buy trade for a target of 30.52. However, stock will show a bearish move below 27.7.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	23.10
Downside Target	24.60
Downside Target	25.25
Downside Target	26.10
Downside Target	27.55
Upside Target	28.50
Upside Target	29.60
Upside Target	30.60
Upside Target	32.15
Upside Target	32.90
Upside Target	35.90
Upside Target	37.10
Upside Target	37.30
Upside Target	40.15

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	26.98
Downside Intraday Target	25.72
Upside Intraday Target	30.08
Upside Intraday Target	31.92
Upside Intraday Target	28.82

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	28.25	30.45	30.65	27.55	0.41 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
02 Sat Mar 2024	32.15	36.80	37.30	30.60	1.43 times
23 Fri Feb 2024	36.30	34.70	37.10	32.15	1.221 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
21 Thu Mar 2024	28.25	32.85	32.90	25.25	0.471 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
29 Fri Dec 2023	26.70	24.85	28.50	24.60	1.915 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for South Indian stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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

South Indian Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 28.17 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 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.