SUPREME INDUSTRIES SHORT TO MEDIUM TERM ANALYSIS

Supreme Industries is looking positive post recent short covering , now trading at 4165 indicating upside momentum to continue . An important level to watch for further upside would be 4244 and it can continue its upside upto levels of 4695-4830 in the short to medium term . On the downside, imp support would be 4049 and if it breaches this support then we can expect short covering at marked levels in the chart posted. THIS VIEW REMAINS INVALIDATED IF SUPREME IND BREACHES 3500 ON THE DOWNSIDE.

THIS IS MY PERSONAL VIEW AND NOT A BUY/SELL RECOMMENDATION.