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The demand zone lies between 897/730 for supreme industries. A great quality business which can act a parking space for some money if markets go bearish . The stock has fallen a lot this month however the volumes are merely half of the previous month, this indicates that there isnt some serious selling by the big players. Can look at accumulating this stock if it ...
Buy with stop of 1130 Tgt 1450
Supreme Ind takes support at 200 SMA and old trendline + Shows Bullish divergence BUY at 1192 for target of 1265 SL 1155
Supreme Industries has closed above 3 month High. it has Broken the channel and will look for pullback near 1200-1210..which will remain our entry zone. Targets shall be 1228-1238-1248 with Stop loss at 1185.
Supreme Industries Ltd is about to give another breakout,
is a very good bullish stock, currently trading at 38 PE,
but looks very attractive even at this level.