Endurance Technologies Ltd (NSE: ENDURANCETECH) Stock Analysis
Key Points:
Market Cap: ₹29,961 crore
Current Market Price (CMP): ₹2,130.05
Average PE Ratio: 44.03
Dividend Yield: 0.40%
52-Week High/Low: ₹2,318.80 / ₹1,357.00
Beta: 0.54
Technical Analysis:
Upward Trend: The stock has been moving upward, forming a cup pattern on the daily chart.
Support and Resistance:
Resistance: ₹2,318.80
Support Levels: ₹2,026.34 and ₹1,951, where it can potentially show a reversal.
Patterns: In the daily and weekly frames, the stock shows reversals from the 50 and 100 EMAs and has formed a double top pattern.
Investment Consideration:
Endurance Technologies appears to be a strong candidate for a mid-cap auto sector portfolio addition due to its consistent upward movement and favorable technical indicators.
Disclaimer:
This analysis is for educational purposes and not financial advice. Always conduct your own research and consult with a financial advisor before investing. The author is not SEBI registered and holds no responsibility for financial losses based on this analysis.
Conclusion:
Endurance Technologies Ltd shows promise with its technical uptrend and key support levels. Monitor for potential reversals at the support levels before adding to your portfolio.
Market Cap: ₹29,961 crore
Current Market Price (CMP): ₹2,130.05
Average PE Ratio: 44.03
Dividend Yield: 0.40%
52-Week High/Low: ₹2,318.80 / ₹1,357.00
Beta: 0.54
Technical Analysis:
Upward Trend: The stock has been moving upward, forming a cup pattern on the daily chart.
Support and Resistance:
Resistance: ₹2,318.80
Support Levels: ₹2,026.34 and ₹1,951, where it can potentially show a reversal.
Patterns: In the daily and weekly frames, the stock shows reversals from the 50 and 100 EMAs and has formed a double top pattern.
Investment Consideration:
Endurance Technologies appears to be a strong candidate for a mid-cap auto sector portfolio addition due to its consistent upward movement and favorable technical indicators.
Disclaimer:
This analysis is for educational purposes and not financial advice. Always conduct your own research and consult with a financial advisor before investing. The author is not SEBI registered and holds no responsibility for financial losses based on this analysis.
Conclusion:
Endurance Technologies Ltd shows promise with its technical uptrend and key support levels. Monitor for potential reversals at the support levels before adding to your portfolio.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.