Overall Technical outlook

Price Summary

On 2025-06-09, Eternal Limited's stock began at 261.9, climbed to 262.98, dropped to 255.35, and had -1.93% to end at 256.84, with a volume of 33660854 shares.
For the 52-week period, the stock's highest price is 302.95, and the lowest price is 186.24.
The price projection is between 130.0 and 385.0, with an average expected price around 280.6207, according to 29 analysts.

Technicals

Support and Resistance: At 256.84, the price is supported at 245.76 and faces resistance at 288.25. This range suggests that the price for ZOMATO might stay between these levels, with 245.76 acting as a floor and 288.25 as a ceiling.
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Support/Resistance for ZOMATO


Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ZOMATO, with no strong trend emerging.
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Aroon chart for Eternal Limited


Bol. Bands: The price moving below the upper Bollinger Band could be a precursor to a decline. This signal might suggest that the asset is overbought and that a correction is on the horizon. Traders often use this indicator to anticipate potential reversals, as it signals a weakening of bullish momentum, making it a critical point for decision-making in trading strategies.
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Bolinger Bands chart for Eternal Limited


Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains.
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Parabolic Stop and Reverse chart for Eternal Limited


Stochastic: The stochastic indicator shows a bullish signal, with the K-line exceeding both the D-line and the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors could consider this a favorable sign for continued market growth for Eternal Limited.
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Stochastic chart for Eternal Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages for ZOMATO are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend.
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Tripple SMA chart for Eternal Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.