Overall Technical outlook

Price Summary

Eternal Limited's stock opened at 261.9 on 2025-06-09, surged to 262.98, hit a low of 255.35, and closed up -1.93% at 256.84, with 33660854 shares traded.
The peak price for the stock in the past 52 weeks is 302.95, with the lowest price being 201.43.

Technicals

Support and Resistance: At 256.84, the price is supported by 245.76 and resisted by 288.25. This indicates that the price for Eternal Limited might fluctuate between these levels, with 245.76 acting as a support and 288.25 limiting further upward movement.
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Support/Resistance for ZOMATO


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Eternal Limited


Bol. Bands: The price moving below the upper Bollinger Band could be an early warning of a decline. This signal suggests that the asset is overbought and that a price correction is likely. Traders might interpret this as a sign that the bullish momentum is fading, making it a crucial moment for reevaluating trading strategies and considering potential short positions.
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Bolinger Bands chart for Eternal Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for Eternal Limited


Stochastic: The stochastic indicator shows a bullish trend for ZOMATO, with the K-line positioned above the D-line and surpassing the 80 level. This setup indicates strong upward momentum, suggesting that the market may continue its positive trajectory. Traders might view this as a sign of ongoing strength in the market.
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Stochastic chart for Eternal Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move.
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Tripple SMA chart for Eternal Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.