South Indian Bank - Upward trend

١٨ مايو ٢٠١٧

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

٢٦ مايو ٢٠١٧

ملاحظة

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

٢٩ مايو ٢٠١٧

تم فتح الصفقة

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

٣١ مايو ٢٠١٧

تم فتح الصفقة

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

٨ يونيو ٢٠١٧

تم فتح الصفقة

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

٢١ يونيو ٢٠١٧

تم فتح الصفقة

Going strong surpassing 52-week high

٢٨ يوليو ٢٠١٧

تم فتح الصفقة

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