SOUTHBANK trade ideas
short term bullish ( in conslidation phase)short therm bullish and rsi 14 divergence in daily chart and MACD divergence in 4 hours chart
enter the market above 23.65
keep a stop loss at 23.10
long term bearish
not a holding stock
( enter the market with 1 hour chart)
Bullish Cypher on the SouthIndian BankNSE:SOUTHBANK
Weekly support pivot and resistance mentioned
The cypher is yet incomplete
Take profit is set at 0.618CD of the cypher, which is also the resistance band of the kumo cloud
Disclaimer.. this is not an investing/trading advice
South Indian Bank seems to go HighAll details in Chart. If price break the R line, it may goes to high.
