Eternal Ltd – Technical & Fundamental View

📉 Eternal Ltd – Technical & Fundamental View The stock remains in a downtrend, trading below the 20 & 50 DMA. Multiple bearish patterns—Bearish Pennant, Head & Shoulder (Right Shoulder), and Falling Wedge breakdown—are already completed. The recent bounce looks corrective, not a confirmed reversal. 🔹 Resistance: ₹286–290 | Major: ₹300–305 🔹 Support: ₹276 | Critical: ₹268–265 🔹 RSI: 40–45 (weak momentum) 🔹 Volume: No strong accumulation 📊 Fundamentals are average; no institutional buying signals yet. 📉 Bias: Below ₹290 → Sell on rise 📈 Above ₹305 → trend reversal confirmation. 📜 SEBI Regd RA | AALGO BREATHS (INH000019886) ⚠️ Educational only