#SUPREMEIND (Supreme Industries Ltd.) has outperformed both the #Nifty and its sector peers over the last 123 trading sessions, and there is a 1.3-year resistance horizontal line #breakout on the weekly chart. #sharemarket #MultiBagger #relativestrength #stocks #StocksToBuy
BSE: 509930
NSE : SUPREMEIND
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN...
Supreme industries. CMP:2538 sl: 2300(DCB) Target:open good upside potential. Important note: pls check whether quarterly result are out or not, if out then you can take the trade if not then, add only small qty at CMP and add more after the results
Price is forming a double top pattern with a supply zone of 2450-2700. Doing further analysis. It is a part of the Plastic Products sector. ASTRAL is also in the same sector. Astral is also near a breakdown point. ASTRAL and SUPREMEIND are the biggest companies in the sector. Hence there is something happening all over the sector. Therefore it does not mean that...
SUPREMEIND:- Head and shoulder pattern is showing formation, volume is also good, make some plans only after 2693, till then keep an eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow...
Chart -> Supreme Ind Daily
Supreme Ind has the potential to give handsome returns until Christmas.
Wonderful inverse head and shoulder breakout with huge volume.
CMP: 2263
Targets: 2465, 2676
Good range: 2170 to 2200
SL: 2134 Daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered,...
SUPREMEIND has given inverted head and shoulder pattern breakout at 2190 levels.
Target is coming to 2670-2680 levels.
SL: Dly close below 2290
Timeframe for target: 1 - 3 wks
Price has broken out of Head & Shoulder pattern with effective volumes.
SL can be kept 8% below at 2000 levels and go for the kill.
Note the price has broken the resistance after 6 unsuccessful attempts so this breakout is meaning full.
Bullish on NSE:SUPREMEIND
Cup&Handle formation
The long term resistance line is broken with good volume build up.
Long with a SL of 2140, T1: 2350/2460.
Wait for the price to retest the 2170 level. If it stays above, go for it.
Stock Name - Supreme Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 2275
#This is not Buy and Sell recommendation to any one. This is for...
NSE:SUPREMEIND SUPREME IND, Classic Cup and Handle Breakout
VERDICT Supreme Ind
Classic Cup and Handle Breakout
Indicators Bullish
T1 2360
T2 2405
T3 2680 Positional
SL 2170
Only For Study Purpose
Supreme Industries has almost formed an inverse head and shoulder pattern. Neckline break may take it beyond previous high. It seems to be under consolidation near neckline. Moreover delivery percentage is very good. High volume on 29th September and 92.9% delivery on that day.
