Stock to buy today: Supreme Industries (₹3,507.90)

The stock of Supreme Industries depreciated between September and mid-December last year. In this period, the price dropped from ₹4,650 to ₹3,200. But for over a month now, the stock has seen some recovery.

The price action also appears positive as it has formed a higher low and there has been a bullish cross-over between 21- and 50-day moving averages. So, even though the trend may not turn bullish, the scrip is likely to see at least a corrective rally to ₹3,800 in the near term.

Traders can buy now at ₹3,507 and accumulate at ₹3,450. Place stop-loss at ₹3,380. When the price hits ₹3,650, alter the stop-loss to ₹3,500. Tighten the stop-loss further to ₹3,650 when the stock touches ₹3,750. Book profits at ₹3,800.

Video Credit: Businessline

Note: The recommendations are based on technical analysis. There is a risk of loss in trading

Published on January 30, 2026