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SUPREMEIND - Demand Zones spotted________________________________________ 📊 SUPREME INDUSTRIES LTD – Technical Outlook 📅 Date: June 17, 2025 ⏰ Timeframe: 15-Minute | Intraday / Short-Term ________________________________________ 📈 Trend Bias: ✅ Bullish Momentum Observed – Strong upward breakout with volume support 🔻 However, signs of minor rejection seen near resistance; caution advised at higher levels ________________________________________ 📌 Resistance Levels: 🔴 Resistance 1: 4699.2 – Near-term hurdle; watch for price rejection or breakout strength 🔴 Resistance 2: 4841.1 – Major resistance zone; breakout here may trigger further rally 📍 Top Range: 4617.9 – Price touched this level and reacted; monitor for potential reversal or continuation ________________________________________ 📌 Support Levels: 🟢 Support 1: 4334.1 – Minor demand zone; could act as pullback support 🟢 Support 2: 4211.9 – Strong base; price previously reversed from here with volume 🟢 Support 3: 3969 – Extended support; useful for swing or positional stop-loss zones 📍 Bottom Range: 4211.9 – Critical level to maintain bullish structure ________________________________________ 📊 Volume Analysis: 🚀 Surge in volume confirms breakout strength 📉 Watch for declining volume near resistance as early signs of exhaustion ________________________________________ ⚠️ Trading Outlook: • If price sustains above 4617.9, potential continuation towards 4699 and 4841 • Avoid fresh long trades without breakout confirmation above Resistance 1 • If price reverses from current zone, look for Immediate Demand Zone: • If above zone breaks on lower side watchout for this zone: ________________________________________ 📌 Disclaimer: • Educational content only – not a buy/sell recommendation • Trading involves risk – follow proper risk management • Consult a SEBI-registered advisor before investing • The author is not SEBI-registered and assumes no responsibility for trading losses ________________________________________ ✅ Found this helpful? Hit that 🔼 Boost & Share it with your trading circle! 🔔 Follow simpletradewithpatience for daily trade setups with precision levels 🧠 Trade with Patience. Trade with Confidence. 📈 Let the charts guide you – not your emotions. ________________________________________
NSE:SUPREMEINDLong
by simpletradewithpatience
A Classic Case of Accumulation Turning into Momentum📈 SUPREME INDUSTRIES LTD – TECHNICAL ANALYSIS 📆 Date: May 27, 2025 🔍 Timeframe: Daily Price Action: Supreme Industries surged over 4% today and delivered a clean breakout after forming a consolidation triangle. The strong bullish candle closed near the day’s high with significant volume, confirming momentum on the upside. Chart Pattern / Candlestick Pattern: Symmetrical Triangle Breakout Pullback Entry Zone Tested Breakout Candle – wide range, strong body Volume Surge – institutional interest visible Technical Indicators: RSI (Daily): 77 – strong bullish zone MACD: Bullish crossover active Stochastic: 98 – overbought but confirming strength CCI: Above 200 – high momentum phase Volume: 791.75K – supportive of breakout Support & Resistance Levels: Immediate Resistance: 4277.93 Next Resistance: 4355.47 Major Resistance: 4490.43 Immediate Support: 4065.43 Secondary Support: 3930.47 Major Support: 3852.93 Possible Fresh Demand Zone: 3837.60 – 3750.90 Chart Overview: This visual clearly shows: 🔸 The symmetrical triangle pattern 🔸 Breakout + retest zone 🔸 Marked fresh demand zone for potential pullback opportunity Educational Breakdown: This setup combines: Price Action: Triangle + Breakout Volume Confirmation: Institutional participation Momentum Indicators: Strong alignment Demand Zone Mapping: Pre-breakout base This is a classic trend continuation setup with clearly defined zones of interest. Risk control is key as price enters overbought territory. Over the past few months, Supreme Industries displayed classic signs of an accumulation zone — a period marked by sideways movement, controlled volatility, and relatively stable volumes. This range-bound behavior typically indicates that long-term investors are quietly building positions while retail participation remains low. Recently, a strong bullish move supported by a significant rise in volume suggests the stock may have exited accumulation and entered the mark-up phase. This phase is often characterized by increased demand, higher price swings, and a clear shift in sentiment from neutral to bullish. The sharp breakout from the range, along with volume confirmation, signals the possible beginning of a new directional trend — where price tends to move swiftly as broader market participants join in. How to Trade Supreme Industries (for learning purpose): Entry Example: 4220.50 Stop Loss: 3781.50 (Risk: 439.00) Target Example: 4659.50 (Reward: 439) Sample Quantity: 50 shares RR Ratio: ~1:1/1:2 etc. Aggressive Traders: May consider riding the trend with trailing stop Conservative Traders: Can wait for a pullback into the fresh demand zone (3837.60–3750.90) ⚠️ Risk Management Tip: Always trade with a clearly defined stop loss. Avoid entering positions impulsively. It is advisable to start with a smaller quantity and increase your exposure only if the price action confirms the continuation of the trend. Capital protection should always be the priority. 📢 Disclaimer This content is created purely for educational and informational purposes. It is not intended as investment advice, stock recommendations, or trading tips. Trading and investing in the stock market involves risk. Please consult with a SEBI-registered financial advisor before making any investment decisions. The author/creator is not registered with SEBI and shall not be held responsible for any losses incurred based on this information. Always do your own research and use proper risk management. 👉 If you found this analysis helpful, don’t forget to Follow, so you never miss out on a trade-worthy setup, breakout opportunity, or valuable educational insight again. Stay updated and trade smarter! 💡📈
NSE:SUPREMEINDLong
by simpletradewithpatience
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