South Indian Bank - Upward trend

18 mai 2017

Can call next level in month or so, to TP = 30,35
Didnt fall down much post results
RSI also near neutral stage
Price to book value: 1.15 (Safe)
Price to Sales: 0.81
Sl = 19

26 mai 2017

Note

Target 1 reached : 27 after consolidation
If Nifty moves towards bullish trend, TP= 30, 35

29 mai 2017

Transaction en cours

Some consolidation and upward bullish trend could start as the scrip crosses resistance level in another 15-30 days (my call)

31 mai 2017

Transaction en cours

Closed at 28.15.. Upward trend with supporting accumulation to be seen.

8 juin 2017

Transaction en cours

Uptrend appears strong as to why bearish divergencies arent working as per MACD (momentum)
Yet to see TP

21 juin 2017

Transaction en cours

Going strong surpassing 52-week high

28 juil. 2017

Transaction en cours

Where will it go?
Double Dojis and spinning top candlestick pattern at the top of trend showing sign of clear indecisiveness and chance of reversal..
If bullish engulf, Surging to new heights :)
If bearish reversal follows, Planning to exit at 28-29