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 201.43.

Technicals

Support and Resistance: The price is currently at 256.84, supported by 245.76 and resisted by 288.25. This indicates a range where 245.76 may provide a base for the price, while 288.25 serves as a cap on further upward movement for ZOMATO.
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Support/Resistance for ZOMATO


Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Aroon chart for Eternal Limited


Bol. Bands: The price crossing below the upper Bollinger Band signals a potential bearish reversal. This movement may indicate that the asset's recent bullish trend is weakening, and a decline could follow. Traders often interpret this as a sign that the market is overbought, suggesting that a correction or pullback is likely, making it a crucial time to consider adjusting trading positions.
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Bolinger Bands chart for Eternal Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Eternal Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum.
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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 are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action.
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Tripple SMA chart for Eternal Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.