Endurance Tech Forms An Inverse Head & Shoulders Pattern Signaling Potential Bullish Breakout
India, May 26 -- This pattern indicates weakening selling pressure and gradually increasing buying momentum, signalling a potential bullish move. An inverted head-and-shoulders pattern consists of three troughs, with the middle one forming the lowest point (head) and the two outer troughs forming higher lows (shoulders).
Endurance Technologies Limited broke above the key resistance level of Rs 2,701 on 22nd May 2026 and closed at Rs 2,801.20 on Monday. The former resistance zone is now acting as strong support, and sustained buying interest with strong volume could support further upside, while a fall below this level may weaken the bullish outlook.
Targets are generally set near resistance levels or by projecting the height from the h...
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