Supreme Industries Ltd. Share Price

SUPREME INDUSTRIES LTD – Technical Analysis Report

SUPREMEIND Technical View: Supreme Industries is showing signs of weakness after facing resistance near the ₹3,400–₹3,465 zone. The stock has recently witnessed selling pressure, with bearish momentum emerging on the daily chart. Price action suggests that the stock is testing an important support area, and a decisive recovery will be required to improve the near-term outlook. Key Support Zones: ₹3,270–₹3,172 | ₹3,074–₹2,976 Resistance Zones: ₹3,335–₹3,367 | ₹3,465–₹3,563 Potential Upside Levels: ₹3,367 | ₹3,465 | ₹3,588 Technical Outlook: The stock is currently trading near ₹3,298, close to the lower boundary of its recent price structure. Sustaining above ₹3,270–₹3,172 may help stabilise the price and create scope for a recovery towards ₹3,367 and ₹3,465. However, a sustained move above ₹3,465, supported by strong volume, would be required to strengthen the bullish outlook. On the downside, a decisive breakdown below ₹3,172 could increase selling pressure and expose the lower support zones around ₹3,074–₹2,976. Momentum indicators also suggest caution, making confirmation from price action and volume particularly important. Risk Management: Traders should avoid assuming a reversal until the stock shows a sustained recovery above immediate resistance. Position sizing and stop-loss discipline remain essential in the current setup. Disclaimer: This report is based on the technical chart provided and is intended solely for educational and informational purposes. The levels represent potential technical zones, not guaranteed targets or assured outcomes. This is not investment advice or a buy/sell recommendation. Investors should assess their risk tolerance and conduct independent research before making any investment decision. — AALGO BREATHS 📊

Supreme Industries Ltd. shares experienced a ~4% decline

SUPREMEIND Financial Performance vs. Consensus The company reported robust year-over-year (YoY) growth, though key profitability metrics fell short of analyst expectations: Revenue: Surged 40.4% YoY to ₹3,361.3 crore, comfortably exceeding analyst estimates of ₹3,224 crore. Net Profit: Rose 58.8% YoY to ₹262 crore but missed the street consensus of ₹304 crore. EBITDA: Increased 44.6% YoY to ₹431 crore, falling short of the projected ₹482 crore. EBITDA Margins: Expanded by 40 basis points YoY to 12.8% (up from 12.4%), significantly trailing consensus expectations of 15.0%. Guidance Revisions & Operational Metrics The primary catalyst for the stock's negative reaction was the management's revision of forward-looking volume targets following a sluggish first half, during which the core Plastic Piping Division registered just 2% volume growth: Overall Volume Growth: Revised downward to 10% for the full year, a step back from the previously reiterated 12%–13% target. Plastic Piping Division: FY volume growth guidance was cut to 13%, down from the earlier management projection of 15%–17%. Management Commentary Chairman & Managing Director MP Taparia cited uncertain geopolitical conditions as a headwind for precise forecasting. However, management highlighted a strong 24% overall volume growth achievement specifically in the second quarter, expressing intent to leverage this momentum for the remainder of the fiscal year. Following the announcements, the stock was trading 3% lower at ₹3,290.

Last Week—Highest Gainer—positive stocks

stocks highest gained last week * Stock cash segment Name Change % AVALON 2537.70 from 2230.00 13.80% ATGL 660.70 from 587.00 12.56% POONAWALLA 479.40 from 432.80 10.77% WELCORP 2660.10 from 2460.30 8.12% BBTC 1512.10 from 1399.40 8.05% CAPILLARY 484.05 from 448.95 7.82% *Stock Futures segment SUPREMEIND 3580.30 from 3344.40 7.05% UNOMINDA 1284.00 from 1205.00 6.56% RVNL 214.29 from 201.70 6.24% APLAPOLLO 2270.10 from 2148.50 605.66% ABCAPITAL 410.05 from 390.00 5.14% This stock has shown momentum on the positive side ! ATGL

Nifty, Banknifty, Finnifty analysis for 21/09/2026

1. NiftyCurrent Level: 23,346 Bias / Trend Action:Bearish / Short Bias: Maintain short positions as long as the index trades below 23,600. Conditional Long Trigger: Switch to a long bias and initiate long positions only if the index decisively breaks and sustains above 23,600. 2. Bank NiftyCurrent Level: 56,356 Bias / Trend Action:Bearish / Short Bias: Hold short positions while the index remains below the crucial threshold of 57,000. Conditional Long Trigger: Look to create long-only positions if a breakout occurs above 57,000. 3. Fin NiftyCurrent Level: 25,510 Bias / Trend Action:Bearish / Short Bias: Continue holding short positions below the resistance zone of 25,800. Conditional Long Trigger: Consider building long positions only if the index pushes above 25,800. F&O top gainer was : SUPREMEIND

Supreme Industries slips below key trend support and MAs

SUPREMEIND Limited has come under fresh pressure after the latest decline pushed price to around ₹3,364, well below the 20-day average near ₹3,508 and the 50-day average around ₹3,537. The important change is not just the fall itself, but the loss of the short-term trend structure after the August recovery failed to sustain above the ₹3,600 zone. The company remains tied to housing, plumbing, infrastructure and plastic-product demand, so the long-term business theme still has support from construction activity and replacement demand. But this stock is also sensitive to polymer costs and margin swings, which can quickly change sentiment. On the chart, the recent break below both moving averages shows that momentum has turned weak again. The ₹3,340 to ₹3,360 area is now the first support I would watch. If that fails, the next meaningful zone sits closer to ₹3,200 to ₹3,250. On the upside, ₹3,500 becomes the first recovery level, while a move back above ₹3,550 to ₹3,600 would be needed to repair the structure. My view is that the stock is back in a corrective phase and needs to stabilise before any bullish case becomes convincing.

Supreme Industries - Reading a downtrend line for two years

SUPREMEIND closed at 3364.40, lower by 145.60 or 4.15%. The session opened at 3499.10 and made its low at the close, which indicates selling that persisted through the day rather than a single shock. The structure on this chart is worth studying carefully, because it demonstrates how a descending trendline works over a long horizon. The line originates at the May 2024 high near 6450 and connects each successive lower high through 2024, 2025 and into 2026. Note what happened in March of this year. Price rallied to approximately 4050, touched the line, and was rejected. That marked the fourth occasion on which the same line contained an advance. Two horizontal levels frame the current range. The 3841.30 level has capped rallies repeatedly since late 2025. The 3158.00 level marks the July low and represents the lower boundary. Today's close at 3364.40 sits closer to the lower boundary than the upper one. The distinction a learner should draw here is between a trendline break and a level break. A trendline that has held four times carries more weight than one tested twice. Conversely, its slope means the level required to break it declines with every passing week, so time is working in favour of an eventual break even without a strong rally. On the business side, Supreme operates across plastic piping, packaging and industrial products. Piping volumes track agricultural and housing demand, while PVC resin price movements create quarter to quarter margin swings that the market watches closely. Falling resin prices often cause channel destocking, which suppresses reported volumes even when end demand is stable. A sustained move above 3841.30 would break both the horizontal level and the trendline. A close below 3158.00 would extend the two-year decline.