📊 Eternal Ltd – Bullish Reversal Near Key Support Zone
The stock is showing signs of renewed buying interest after consolidating near support levels, with a strong bullish candle indicating potential trend continuation.
🔎 Technical Observations:
• Sideways consolidation after recent correction
• Strong bullish candle emerging from support zone
• Price reclaiming short-term resistance levels
• Support levels holding firmly despite market volatility
• Momentum indicators gradually turning positive
🔑 Key Levels to Watch:
• Immediate Support: ₹248 – ₹240
• Major Support: ₹234 – ₹225
• Immediate Resistance: ₹260 – ₹274
🚀 Upside Targets:
• ₹274
• ₹281
• ₹295+
📉 Risk Scenario:
Breakdown below ₹240 may weaken the current setup and lead to further consolidation or downside pressure.
📈 Trading View:
👉 Stock is showing signs of accumulation near support levels
👉 Sustained move above ₹260 can trigger fresh bullish momentum towards higher targets
⚠️ For educational purposes only.
— AALGO BREATHS 📊