Endurance Technologies Limited engages in the manufacture of two-wheeler and three-wheeler automotive components. It offers Aluminium die castings, suspension, transmission and brake systems products. The company was founded by Anurag Jain in November 1985 and is headquartered in Aurangabad, India. CMP of Endurance Technologies is 1878.50.
The positive aspects...
Auto sector is giving a long rally and endurance is among these. Stock has given a breakout in previous month and now started going up again. currently is is at all time high's. What's your view on it. I am currently studying
#More than 2 years consolidation breakout at ATH level.
#Huge Volume.
#Near 2000 to 2050 is good buying level.
#Investment_Stock
#Negligible non institutional stake.
NSE:ENDURANCE
Rsi >52
Reverse from Support level
Can add 1650
Swing Trade
1780 is average target in a year
Keep your profit as per your emotion.
This is only for educational purpose.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The green candle has opened below the close of the previous red candle and closed above the 50% of the previous red candle. The location seems to be a consolidation at the bottom bof a downtrend. If price breaks trendline convincingly with volume, it could mark the beginning of an uptrend. Stoploss and targets are left to the individuals to decide according to...
Ltd. to manufacture Aluminium Die Casting products at Aurangabad, Maharashtra (India). The Endurance Group is a global force in Aluminium Casting (including Alloy Wheels), Suspension, Transmission and Braking products with annual sale revenue of 551 Million (INR 2,978 Crores) from domestic operations and approx.
Pvt. Ltd. to manufacture Aluminium Die Casting products at Aurangabad, Maharashtra (India). The Endurance Group is a global force in Aluminium Casting (including Alloy Wheels), Suspension, Transmission and Braking products with annual sale revenue of 551 Million (INR 2,978 Crores) from domestic operations and approx.
On a important level... took support on primary bullish trend line and now near to the secondary bearish trend line. Make a long entry here and keep stop loss at 1560. Short term opportunity.
Will update the targets based on moment in the comments soon!
exide has made head and shoulder pattern in 15 min timeframe and taken retest also if market break 165 level then take short trade
if market break 167 level then take long trade
