South Indian Bank – A Multibagger Stock in the Making?

South Indian Bank – A Multibagger Stock in the Making?
South Indian Bank – A Multibagger Stock in the Making?


HomeViews On NewsJul 13, 2023 – South Indian Bank – A Multibagger Stock in the Making?

Jul 13, 2023

South Indian Bank is currently making waves in the market as it reached a new 52-week high today.
The overall sentiment in the banking sector is bullish, and South Indian Bank has resumed its upward momentum after breaking out of a rectangle pattern.
South India Bank, Weekly Chart
 The high of year 2021 of Rs 14 has turned out to be a major support, which had previously acted as a resistance level. This support level has turned into a solid foundation for the stock’s upward movement in recent…
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Source: https://www.equitymaster.com/detail.asp?date=07/13/2023&story=4&title=South-Indian-Bank-%2D-A-Multibagger-Stock-in-the-Making