20-05-2025
Stock Radar: Breakout from inverse Head & Shoulder pattern on daily charts makes Supreme Industries an attractive buy
Supreme Industries stock shows potential for upward movement. The stock broke out from an inverse head and shoulder pattern.
Supreme Industries Ltd, part of the capital goods sector, recently gave a breakout from an inverse head & shoulder pattern on the daily charts which has opened room for the stock to head higher. Short term traders can look to buy the stock for a target of Rs 4,300 in the next 1-2 months, suggest experts. The stock hit a high of Rs 6,482 on June 12, 2024, but it failed to hold the momentum. It closed at Rs 3,842 on May 19, 2025 which