Endurancetech
ENDURANCE (Swing Trading Setup)
Buy Above TrendLine ( Already Breakout Happen )
TimeFrame(for Entry & Exit & SuperTrend) :- Hourly
SuperTrend Settings ( Length 10, Factor 3 )
Intial Stop-Loss Below SuperTrend & Trail Stop-Loss with SuperTrend
Exit When Hourly Candle Close Below Super Trend
Use Very Less Capital So that Even If Stop loss Hit your Emotions Doesn't hit you
Date :- 16-01-2022
Intraday Trade: watch for resistance breakoutbuy above 1625 in Intraday
Note: this is only intraday trade. for swing and positional trade length of pattern must be big
for intraday we need only momentum so that we can grab few quick points.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
ENDURANCE, India's largest Die cast and auto component makerIndia's largest Die cast maker, and leading company in 2/3 Wheeler OEM supplies.
Trading near Breakout levels.
Posted good Q Results.
Volumes building up at resistance zone.
Trading above Key EMA's.
***I AM NOT RESPONSIBLE FOR YOUR PROFIT AND LOSS***
Endurance tech - for 28.05.20211. endurance tech may take a good upmove tomorrow, if it crosses 1501 , have long position with SL- 1493, for the targets of T1 and T2.
2.if it goes below 1484, you may see weakness in it, then you can have a sell position for the targets of T1 and T2, with SL -1493.
if opens big gap down or gap up leave it.
Endurance Tech Head and shoulder breakoutEndurance Tech Head and shoulder breakout on a weekly chart, Long Rally to Come Up
Can Take LONG Entry at CMP 1350-1370 in half of your quantity.
Then can add remaining quantity if the stock corrects to 1208-1250 levels, or you can add more if the rally continues.
It has also formed a morning star on a daily chart ,Expecting a good rally now!
It's a clear Head and shoulder breakout on a weekly chart, Ideally it should achieve a target of 1833 in SIX months.