Eternal Ltd – Sell Into Strength, Buy Only After Structure Conf
• CMP: ₹299.25
• Recent bounce is corrective, not impulsive — price still trading inside a broader downtrend
• Rally is running into supply near the 200 EMA / breakdown zone (~₹300–310)
• Volume expansion looks like short covering, not fresh accumulation
• This move lacks follow-through characteristics of a true trend reversal
🎯 Trade Logic
• Sell / Avoid longs into ₹300–310 zone — supply likely to cap upside
• Buy planning only if:
– Price pushes toward ₹310
– Then retraces and stabilizes in ₹305–300 range
📍 Planned Long Setup (Only on Retest):
• Entry Zone: ₹305–300
• Stop-Loss: ₹295
• Structure-based entry, not momentum chasing
💡 What most see as “breakout energy” still reads like distribution to me. I’d rather pay higher for confirmation than get early into a weak structure.
#Eternal #TradePlanning #PriceAction #RiskFirst #NSEStocks #MarketStructure #TradingView
Stocktosell
JUBLGFOOD: Short Patten prominentNSE:JUBLFOOD , in hourly chart showing a clear downtrend after breaking one lower lows.
Then after making a nice up move upto point 4 in the chart, it unables to break the double-bottoms (1 and 3) W patten. At that time the volume candle was high. So it actually reinforces the downtrend.
Lets wait for it to break down the price corresponds to point #3 in the chart (535) and then it will lead to further fall. SL the current consolidation zone (why? - if prices pushes up, it will again go on this purple rectangular consolidation zone).
Trade: Sell below 535, SL: 543, T: 530/522/518
AXIS BANK IN SELL MODE HOW FAR IT CAN GO SEE YOURSELF !1Hi traders,
In morning one of my followers who is long in axis bank and new trader , asked about my view. That time i replied on basis of bnf chart rather than axis bank. So I was worried for his capital ,therefore , spend hrs to analyze this chat for you and all who are trading long or going to invest in this bank. Please see carefully.
1. In this fig a red channel is seen where price is travelling now. In few days this channel is expected to break down side . As the last leg of selling has started that can take it to first target. May be in this journey price will try to take support at lower end of channel ultimately will travel to that destination in red color support.
2. In any case this gets break then last target of white support. I do not know at what price you are long . My last target is 230 . In near 2 to 3 months it will consolidate between 320 to 260. So decide yourself selling at existing price is good in your case or wait for next 6 to 7 months to recover your price.
3, For investors 240 to 270 level is good for investment for in 12 months can go to 500. This is my analysis before investing take advice from your financial planner . I may be wrong what I am reading now shared with you. That is why now in sell mode. Rest price will decide.
YOGESH VATS










