SUPREMEIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | SUPREMEIND | Market Cap | 47,528 Cr. | Current Price | 3,741 ₹ | High / Low | 4,740 ₹ |
| Stock P/E | 60.1 | Book Value | 398 ₹ | Dividend Yield | 0.91 % | ROCE | 23.7 % |
| ROE | 18.1 % | Face Value | 2.00 ₹ | DMA 50 | 3,539 ₹ | DMA 200 | 3,875 ₹ |
| Chg in FII Hold | -1.43 % | Chg in DII Hold | 1.16 % | PAT Qtr | 158 Cr. | PAT Prev Qtr | 193 Cr. |
| RSI | 68.5 | MACD | 47.1 | Volume | 3,71,971 | Avg Vol 1Wk | 3,32,371 |
| Low price | 3,020 ₹ | High price | 4,740 ₹ | PEG Ratio | 27.7 | Debt to equity | 0.06 |
| 52w Index | 41.9 % | Qtr Profit Var | -11.8 % | EPS | 62.2 ₹ | Industry PE | 21.8 |
📊 Analysis: SUPREMEIND shows moderate intraday potential. Current price (3,741 ₹) is above 50 DMA (3,539 ₹) but slightly below 200 DMA (3,875 ₹), indicating mixed signals. RSI at 68.5 suggests the stock is nearing overbought territory. MACD at 47.1 is strongly positive, supporting bullish bias. Volume (3,71,971) is slightly above the 1-week average (3,32,371), showing healthy participation. However, the high P/E (60.1 vs industry 21.8) and weak quarterly PAT (-11.8%) limit upside confidence.
💰 Optimal Buy Price: 3,720–3,740 ₹ (near support zone).
📈 Profit-Taking Exit Levels: 3,780–3,820 ₹ (short-term resistance).
🛑 Stop-Loss / Loss Protection: 3,690 ₹ (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above 3,740 ₹ or if RSI crosses 70 with weakening momentum. Book profits if price approaches 3,780–3,820 ₹ with declining volume or loss of momentum strength.
✅ Positive
- Price trading above 50 DMA, showing short-term support.
- MACD strongly positive, indicating bullish momentum.
- Strong ROCE (23.7%) and ROE (18.1%).
- DII holdings increased (+1.16%).
- Low debt-to-equity ratio (0.06), reflecting financial stability.
⚠️ Limitation
- Price below 200 DMA, showing medium-term weakness.
- High P/E ratio (60.1) compared to industry average (21.8).
- PEG ratio at 27.7 suggests expensive valuation relative to growth.
- RSI near overbought zone (68.5), limiting upside.
📉 Company Negative News
- Quarterly PAT declined (158 Cr vs 193 Cr), showing -11.8% variation.
- FII holdings decreased (-1.43%).
📈 Company Positive News
- EPS at 62.2 ₹ reflects strong earnings power.
- Dividend yield at 0.91% adds investor appeal.
- Stock trading above 50 DMA with healthy volume.
🏭 Industry
- Industry PE at 21.8, much lower than SUPREMEIND’s P/E, suggesting premium valuation.
- Plastics and industrial products sector remains in demand, supported by infrastructure and manufacturing growth.
🔎 Conclusion
SUPREMEIND is a cautious candidate for intraday trading today. The stock trades above short-term support but faces resistance near 200 DMA and overvaluation concerns. A buy zone near 3,720–3,740 ₹ with exit around 3,780–3,820 ₹ is possible, but strict stop-loss at 3,690 ₹ is essential. Momentum indicators suggest limited upside, so traders should remain conservative.