SUPREMEIND Shows Recovery Signs Reversal Momentum Building Up
SUPREMEIND are turning bullish after a steady recovery from lower levels, indicating a potential trend reversal in the making. The stock has formed a higher low structure and is gradually moving upward, suggesting accumulation by buyers after a prolonged downtrend. RSI is trending higher near 58, reflecting improving momentum, while the price is attempting to stabilize above the ₹3,900–₹4,000 zone. In my view, if the stock sustains above ₹4,000, it could witness further upside toward ₹4,300–₹4,500 in the near term as buying interest continues to strengthen.
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