Eternal Ltd – Weekly Chart Analysis (Cup & Handle + Retest)

Key Observations 1. Cup & Handle Breakout Pattern Identified A large Cup pattern formed from May 2024 to Oct 2025 (approx). Breakout zone / neckline is around ₹299–₹305. After breakout, the price rallied about 32.59%, reaching ₹404 (as highlighted). 2. Classic Retest After Breakout Price has now come back to retest the breakout zone / neckline at ₹299. This level is acting as strong demand zone + support. Current price ₹302 is just above neckline – indicating buyers defending the level. 3. EMA Support EMA 225 is very far below at ₹157, indicating a long-term strong uptrend. Current consolidation is above major trend support. 4. Volume Behavior (Assumption based on structure) Cup formation showed falling volume on left and rising volume near breakout zone. Retest should ideally come with low volume + bounce on stronger volume.