South Indian Bank

Technical Analysis Trend: Strong up-move after long consolidation; higher highs & higher lows. Key Support: ₹36.3 – ₹38 zone (previous breakout base). Immediate Support: ₹41.5. Resistance: ₹44 – ₹45 zone. Structure: Breakout from range with healthy follow-through → bullish structure intact. Volume: Expansion during breakout → confirms participation. Fundamental Analysis Retail-focused bank with improving asset quality. GNPA & NNPA have been consistently declining. Capital adequacy improved after restructuring. Still a turnaround story — profitability stabilising but not yet best-in-class. Summary: Technically strong; fundamentally improving but still medium-quality.