Is SUPREME PETROCHEM in uptrend or downtrend?

In the short term price movements in SPLPETRO share indicates the market is rangebound, with bulls trying to absorb excessive supply.

What is SUPREME PETROCHEM share price forecast for tomorrow?

In Supreme Petrochem Limited stock current resistance level is at 796 and support level is at 726. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are SUPREME PETROCHEM support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Supreme Petrochem Limited in the short-term, the supply zone around 796 and 800. Hence, good chances of resistance around 800. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Supreme Petrochem Limited share is around 726 and 730. Hence, good chances for support around 730.

Why is SUPREME PETROCHEM share price falling today?

Perhaps SPLPETRO stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

SUPREME PETROCHEM Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data