Supreme Industries: Poised Between Support and Resistance
Technical Analysis (Weekly Chart):
Support Level: The stock has established a support level around ₹4,765.
Resistance Level: Resistance is observed near ₹5,072.
Moving Averages [D/W]: The stock is trading above its 50-day and 200-day moving averages, suggesting a bullish trend.
MACD: The MACD line is trending above the signal line, while the weekly suggests receding seller strength signaling potential bullish momentum.
Bullish Indicators: The stock's position above key moving averages and a positive MACD crossover [D] suggest potential upward movement.
Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Please conduct your own research before making investment decisions.
Support Level: The stock has established a support level around ₹4,765.
Resistance Level: Resistance is observed near ₹5,072.
Moving Averages [D/W]: The stock is trading above its 50-day and 200-day moving averages, suggesting a bullish trend.
MACD: The MACD line is trending above the signal line, while the weekly suggests receding seller strength signaling potential bullish momentum.
Bullish Indicators: The stock's position above key moving averages and a positive MACD crossover [D] suggest potential upward movement.
Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Please conduct your own research before making investment decisions.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.