ENDURANCE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.3

Here's a detailed technical breakdown of ENDURANCE Technologies Ltd

📈 Trend Analysis

Current Price: ₹2,900 is above both the 50-DMA (₹2,758) and 200-DMA (₹2,431), indicating a bullish trend.

52-week Index: At 88.2%, the stock is trading close to its yearly high of ₹3,080, reinforcing strong upward momentum.

Trend Status: Trending upward, not consolidating or reversing.

🔍 Momentum Indicators

RSI (55.8): Neutral-to-bullish zone. Not overbought or oversold. Suggests room for upward movement.

MACD (53.6): Positive and above signal line, confirming bullish momentum.

Volume: Current volume (96,341) is below 1-week average (1,38,060), indicating mild cooling off or profit booking.

📊 Chart Patterns & Moving Averages

Golden Cross: Price above both 50-DMA and 200-DMA — a classic bullish signal.

Support Levels

₹2,758 (50-DMA)

₹2,600 (recent swing low)

Resistance Levels

₹3,080 (52-week high)

₹3,150 (psychological round number resistance)

📉 Bollinger Bands

Price is near the upper band, suggesting short-term overextension.

Could see a pullback to mid-band (~₹2,800) before resuming upward trajectory.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 2,750–2,800 Near 50-DMA, support zone

Exit (Short-Term) 3,050–3,100 Near resistance, potential reversal

Stop Loss 2,600 Below recent swing low

🧭 Summary

Trend: Bullish

Momentum: Positive but cooling

Volatility: Moderate

Ideal Strategy: Buy on dips near ₹2,750–₹2,800 with target ₹3,050–₹3,100

Let me know if you'd like a visual chart or backtest this strategy over recent months!

Edit in a page