Supreme Petro Supreme Petrochem LimitedNSE:SPLPETROpradyammmSupreme Petro — Trade Setup Setup: Bullish MTF Demand Continuation Trend: UP across HTF + MTF + ITF Buy Zone: ₹564–606 Preferred Entry: ₹585 Confirmation: Sustained move above ₹606 Stop Loss: ₹460 Risk: ₹125/share Target 1: ₹769 Position Target: ₹1,154 Gross RR: 1.5 : 1 to ₹769 Net RR: 4.32 : 1 as per supplied calculation Key Demand: ₹460–606 Immediate Support: ₹564–606 Critical Level: ₹460 Quality Points Strong UP alignment across all timeframes. Weekly, Daily and ITF demand all overlap around ₹460–606, giving good structural confluence. Entry at ₹585 sits within the MTF demand structure. ₹606 breakout/hold would strengthen the bullish continuation. Main weakness is the wide ₹125 risk from entry to SL. ₹769 is the immediate objective; ₹1,154 represents the longer positional potential. Setup conclusion: Bullish structure with strong demand confluence, but risk is considerably wider than ASK Automotive. Prefer buying near ₹564–585 rather than chasing above ₹606.