ENDURANCE TECHSWING TRADE:
ENDURANCE TECH, moving in channel, also trendline breakout done.
Buy here with target of 1700, SL below trendline.
ENDURANCE trade ideas
#ENDURANCE CMP1577.90 #Target 2085 #NIITLTD #QUICKHEAL #TCS #IT#ENDURANCE
LONG TERM INVESTMENT
NSE: ENDURANCE
CMP 1577.90
Target 2085
SL 1447
Profit 32%
Can Hold For Long Term
Factors:
ROUNDING BOTTOM PATTERN
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
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***
ENDURANCENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
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.
Intraday Trade: watch for resistance breakoutbuy above 1520 Sl 1490
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
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.
Video Analysis of Endurance Tech. buying at these levelsVideo Analysis of Endurance Tech. buying at these levels
Hamer at support levelmove high, once it breaks 1500. its just for learning purpose. do ur paperwork before investing. thank u
