South Indian Bank - Upward trend

2017年5月18日

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

2017年5月26日

註釋

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

2017年5月29日

交易進行

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

2017年5月31日

交易進行

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

2017年6月8日

交易進行

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

2017年6月21日

交易進行

Going strong surpassing 52-week high

2017年7月28日

交易進行

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