Technical - Conviction Delivery Idea : South Indian Bank Ltd For Target Rs.58.5

2026-10-21 10:34:08 am | Source: Motilal Oswal Wealth Management

Technical - Conviction Delivery Idea : South Indian Bank Ltd For Target Rs.58.5 - Motilal Oswal Wealth Management

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South Indian Bank Ltd

(Mcap Rs 14,213Cr.)

Buy South Indian Bank Ltd CMP 54.3 SL 52.3 TARGET 58.5 DURATION 1 Week

• Stock has witnessed a range breakout on daily chart.

• Strong bullish candle.

• Surge in volumes.

• We recommend to buy the stock at CMP Rs 54.3 with a SL of Rs 52.3 and a TGT of Rs 58.5.

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Technical - Conviction Delivery Idea : South Indian Bank Ltd For Target Rs.58.5 - Motilal Oswal Wealth Management

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