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.