Is SUPREME PETROCHEM in uptrend or downtrend?

In the short term price movements in SPLPETRO share indicates the market has a decisive bullish trend.

What is SUPREME PETROCHEM share price forecast for tomorrow?

In Supreme Petrochem Limited stock current resistance level is at 711 and support level is at 625. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Bullish.

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 711 and 710. Hence, good chances of resistance around 710. 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 625 and 620. Hence, good chances for support around 620.

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