Technical Overview of Eternal

is currently trading near ₹252 and has shown a decent bounce from the ₹230–₹240 support zone after a sharp fall, which clearly indicates buying interest at lower levels. On the daily chart, the stock is recovering, but the move is still not strong enough to confirm a clear trend reversal. Looking at the weekly timeframe, the price continues to trade within an ascending channel, where it faced rejection near ₹300+ earlier and is now stabilising closer to the lower band of the channel. This suggests that the stock is still in a broader consolidation phase rather than a fresh uptrend. On the monthly chart, the overall trend remains positive, but the recent correction looks like a healthy pause after a strong rally. Going forward, ₹280–₹300 will act as a strong resistance zone, while ₹230 remains a crucial support. If the stock sustains above ₹260–₹270, we can expect a gradual move towards higher levels, but until it breaks out convincingly, the structure suggests a range-bound move with a buy-on-dips approach rather than aggressive upside. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.