17th April 2025 / 1:24 PM
Why Eternal ??
1. All Over Bullish Stock. Yet Not Profitable but Business model has potential in near Future.
2. Wave Count is suggesting 4th wave is likely finish and 5th last leg is started which can last till 340 Rs.
3 RSI & MACD is showing bullish continues Divg. bears gave there all but failed to make new lower low.
4. Lower TF is showing W pattern Breakout as well with good volume.
Targets and SL 1W Closing Basis are mentioned in chart.
Why Eternal ??
1. All Over Bullish Stock. Yet Not Profitable but Business model has potential in near Future.
2. Wave Count is suggesting 4th wave is likely finish and 5th last leg is started which can last till 340 Rs.
3 RSI & MACD is showing bullish continues Divg. bears gave there all but failed to make new lower low.
4. Lower TF is showing W pattern Breakout as well with good volume.
Targets and SL 1W Closing Basis are mentioned in chart.
Trade active
Bounce Back Today +2% from 220 Rs SupportNote
Breakout of Range in 1D TF.SL update 210 Rs. from 200 Rs.
Note
This Week Ends in Green after Previous Week decent fall.Last two seasons recovery was excellent
Note
SL updated 200 to 220 Rs now ‼️Note
T1 Achieved ‼️Trailed SL 242 Rs to 220 Rs previous.
Note
Huge Gap Up & Reached 2nd Target 🎯News was about XYZ firm increased Eternal's potential Targets 👍
Trade closed: target reached
Closing with 45% Return.1st Reason All Targets Done
2nd Reason Bearish Divergence between 304 Rs to 340 Rs Range Not much left above before one pull back 📉
Reason News channels won't tell you ‼️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.