SUPREMEIND - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📈 Intraday Trade Analysis for SUPREMEIND
IntraDay Trade Rating: 4.2
This rating reflects a moderately bullish setup with favorable technicals, though tempered by recent profit contraction and declining volume.
🔍 Technical Snapshot
RSI (56.6): Slightly bullish, indicating upward momentum but not overbought.
MACD (3.43): Positive crossover, supporting bullish sentiment.
Volume (2.45L vs Avg 3.49L): Below average, suggesting cautious participation.
Price above 50 & 200 DMA: Indicates short-term strength and trend alignment.
💡 Intraday Strategy
✅ Fresh Entry (Buy Today)
Optimal Buy Zone: ₹4,300–₹4,310 (near support and mean reversion zone)
Profit Targets
Target 1: ₹4,339 (minor resistance)
Target 2: ₹4,360–₹4,380 (VWAP extension zone)
Stop Loss: ₹4,275 (below intraday support)
🚪 If Already Holding Today
Exit on Weakness
If price drops below ₹4,275 with rising sell volume and MACD flattening.
Exit on Strength
If price breaks ₹4,339 with volume surge and RSI > 60, trail stop to ₹4,320.
⚠️ Risk Factors
Quarterly Profit Drop (-26%) may cap upside.
High P/E (61.8) vs Industry PE (26.4) suggests valuation risk.
FII reduction (-1%) could dampen sentiment short-term.
Would you like a breakdown of volume-weighted support/resistance zones or a comparative intraday setup for ASTRAL or BLUESTARCO from the same sector?
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