Get started
Supreme Petrochem LimitedSupreme Petrochem LimitedSupreme Petrochem Limited

Supreme Petrochem Limited

No trades
See on Supercharts
OverviewFinancialsNewsIdeasDiscussionsTechnicalsForecastSeasonalsETFs

SPLPETRO trade ideas

Formation of the second shoulder in the Inverted H&STo dot miss the next idea Follow Us Supreme Petrochem Limited manufactures and sells polystyrene, expandable polystyrene, masterbatches and compounds of styrenics and other polymers, and extruded polystyrene insulation board in India and internationally. The company has a high return on equity (ROE) of 18.38% and return on capital employed (ROCE) of 23.94% Strong Balance sheet Recorded growth in foreign institutional investor (FII) ownership Management plans to increase export share from 9% to 14% Capacity utilisation is expected to exceed 80% by the end of the year Start-up of ABS plastics production may open up new opportunities in the long term We are waiting for the end of the technical correction, the completion of the right shoulder in the inverted head and shoulders figure. price target 850
NSE:SPLPETROLong
by A3MInvestments
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Resistance Support in SPLPETRO BUY TODAY SELL TOMORROW for 5%
NSE:SPLPETRO
by Kapil-Mittal
7
SPLPETRO : Looking bullish SPLPETRO : Looking bullish Fundamental Outlook Almost debt free D/E ratio is 0.06, High ICR (51.1) PE of 28.68, IND PE is 19.62, 1.5X of INdustry PE, expensive stock PEG of 0.62, very attractive and hence PE can be justified ROE = 16.8% ROCE = 22.46% , ROCE 5yrs = 43.22% Sales growth = 19.1%, Sales Growth 5 yrs =10.47% Profit growth = 10.9%, Profit Growth 5 yrs = 45.91% Promoter holding at 64.24%, Stable for past 2=3 years FII holding increased from 3.42% to 3.49% in Mar 2025, DIIs have also increase stake in recent quarters Technical Outlook CMP : 633 On daily charts , EMA9 has just crossed EMA 21 in recent week EMA 21 and EMA 63 are close to each other and EMA 200 is at 672 Recent momentum suggests that Stock can continue race to higher levels RS = 90, weak strength compared to Nifty 500 Momentum = 103.72, strong momentum RSI = 55-56 , neither oversold nor overbought , reasonable Chart Patterns - Inverted head and shoulder pattern seen, suggesting that the stock should reverse from bear grip. - Also on 23rd April 2025, we see a bullish engulfing large green candle, suggesting that bulls are in control Industry Outlook Petrochemicals - relatively weak sector Stock is having less Relative Strength and high momentum amongst peers Almost 6X jump in Turnover and delivery Qty on 23rd April 2025 High dlivery percentage of 70% in recent two days , compared to ~50% in previous week Disclosure 1 - Not Invested Disclosure 2 - Not SEBI Registered Disclosure 3 - This is Not investment advice. Treat it as educational
NSE:SPLPETROLong
by harishnarayan2579
SPLPETRO : #SPLPETRO #swingtrade #patterntrading SPLPETRO : Swing Trading >> Inverse H&S pattern visible >> Good Strength in Stock >> Volume Building up >> Risk Reward Favourable Swing Traders can lock profit at 10% and keep Trailing Please Boost, comment and follow us for more Learnings. Note : Markets are still Tricky and can go either ways so don't be over aggressive while choosing & planning your Trades, Calculate your Position sizing as per the Risk Reward you see and most importantly don't go all in Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
NSE:SPLPETROLong
by moneyfesttrading
7
Supreme Petrochemical: Daily Flag B/O A Bullish Flag and Pole B/o is visible on the daily chart of NSE:SPLPETRO . One can create a fresh position in the scrip at CMP (around 440-430) with a stop loss of 414 for 1st target of rs 466 and 2nd target of rs 492 and third and final target of rs. 518. The risk to reward ration is 1:3 Exit the position if the stop loss is triggered on DCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY... Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
BSE:SPLPETROLong
by raigvivek
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Resistance Breakout in SPLPETRO BUY TODAY SELL TOMORROW for 5%
NSE:SPLPETROLong
by Kapil-Mittal
9