South Ind.Bank (SOUTHBANK) — AI Technical & Fundamental Analysis
Detected Patterns
No patterns detected
Key Levels
| Level | Price (₹) |
|---|---|
| Entry | ₹46.7 |
| Target | ₹52.0 |
| Stop-Loss | ₹43.8 |
| Support | ₹42.4 |
| Resistance | ₹46.66 |
AI Technical Analysis
{"technical": "SOUTHBANK exhibits a strong Bull Flag continuation pattern that has just completed a breakout on the most recent trading session. The 'flagpole' was established via a sharp, near-vertical momentum surge starting from a base near the SMA50 around \u20b939.00 to a peak of \u20b946.66 (a rally of >15% within 8 sessions). This was immediately followed by a tight, orderly, downward-sloping consolidation channel (the flag) that retraced roughly 30% of the pole's gains, bottoming near \u20b942.50. During this 10-session consolidation phase, volumes dried up significantly, confirming a lack of selling pressure. The most recent daily candle shows a decisive breakout above the upper bound of the flag on expanding volume (Volume Ratio of 1.39x). The stock maintains perfect bullish moving average alignment with the current price well above the SMA20 (42.38), SMA50 (40.49), and SMA200 (37.93). The RSI14 has surged to 79.0, and alongside a strong ROC-10 of +12.7%, points to powerful, accelerating upward momentum.", "fundamental": "The bank shows a steady and positive growth trajectory in its bottom-line financial performance over the last five quarters. Net profit has sequentially grown from \u20b9342 crores (March 2025) to \u20b9322 crores, \u20b9351 crores, \u20b9374 crores, and most recently reaching \u20b9408 crores in the March 2026 quarter. This consistent expansion in profitability underscores stable asset quality and operational efficiency. This solid fundamental trajectory strongly supports a bullish bias, confirming that the technical momentum is backed by improving underlying corporate earnings.", "news": "There are no recent news headlines or material sentiment triggers reported for South Indian Bank within the last two weeks. The lack of corporate news indicates that the current price appreciation and technical breakout are structurally driven by pure institutional accumulation and systematic buying rather than temporary, news-driven speculation.", "pattern_type": "continuation", "momentum_strength": "strengthening", "pattern_start_date": "2026-05-18", "pattern_end_date": "2026-06-12"}
Fundamentals
Established in 1929, South Indian Bank was the first ‘scheduled bank’ amongst the private banks in Kerala. It has strong presence in south India and particularly in Kerala. South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business.[1]
| Quarter | Revenue (Cr) | Net Profit (Cr) |
|---|---|---|
| Mar 2025 | 342 | |
| Jun 2025 | 322 | |
| Sep 2025 | 351 | |
| Dec 2025 | 374 | |
| Mar 2026 | 408 |
Get alerted when SOUTHBANK hits key levels
Set price and news alerts for SOUTHBANK — free on Android.
Download Investonks Free →SOUTHBANK News Alerts Alert History AI Track Record All AI Picks