π Eternal Ltd β Bullish Reversal Near Key Support Zone
ETERNAL
π Eternal Ltd β 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.
π Technical Observations:
β’ Sideways consolidation after recent correction
β’ Strong bullish candle emerging from support zone
β’ Price reclaiming short-term resistance levels
β’ Support levels holding firmly despite market volatility
β’ Momentum indicators gradually turning positive
π Key Levels to Watch:
β’ Immediate Support: βΉ248 β βΉ240
β’ Major Support: βΉ234 β βΉ225
β’ Immediate Resistance: βΉ260 β βΉ274
π Upside Targets:
β’ βΉ274
β’ βΉ281
β’ βΉ295+
π Risk Scenario:
Breakdown below βΉ240 may weaken the current setup and lead to further consolidation or downside pressure.
π Trading View:
π Stock is showing signs of accumulation near support levels
π Sustained move above βΉ260 can trigger fresh bullish momentum towards higher targets
β οΈ For educational purposes only.
β AALGO BREATHS π