Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Eternal Limited
By MusingTheNews
2025-05-30 21:03
Overall Technical outlook
Price Summary
On 2025-05-28, Eternal Limited's stock began at 225.9, peaked at 225.9, declined to 223.2, and ended the day -0.76% lower at 224.18, with 43525027 shares traded. Throughout the 52-week period, the stock hit a high of 302.95 and a low of 172.0. Future price predictions suggest a range between 130.0 and 385.0, with an average expected price of 280.6207, as per 29 analysts.
Technicals
Support and Resistance: The current price of 224.18 for ZOMATO finds support at 206.2 and resistance at 227.15. These levels define a range in which the price might oscillate, with 206.2 as a potential support and 227.15 as a resistance level. Support/Resistance for ZOMATO
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Eternal Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Eternal Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Eternal Limited
Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments. Stochastic chart for Eternal Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Eternal Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Eternal Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.