Technical view by Nooresh

South India bank Virgin bank

South india bank hits 80 levels thats cool ...

breakout done now add on declines till 72 levels

South india bank is one virgin bank stock which has not participated in

the current bank rally ...

A good chunk arnd 28 % is wid fiis n big ones ...

This fii stake is currently increasing every quarter ....

Technically its crunched in a huge yearly range triangle ..

Once it starts closing above 75 it can easily give u 50 + % in medium term

also its a gr8 pick for long term checkout on break above 73 for short term gains..

This is one virgin stock which nobody would recommend ....

Patience is wat u need wid dis stock now but volumes are increasing u never know

it can shoot quickly though..

Article by Nooresh Merani

Nooresh has written 2531 articles.

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