Eternal (Zomato) cmp 231.60 by Daily Chart viewEternal (Zomato) cmp 231.60 by Daily Chart view
- Support Zone 194 to 200 Price Band
- Resistance Zone 194 to 200 Price Band
- Falling Resistance Trendline Breakout by decent Volumes
- Rising Support Trendline seems to be activated and sustained
- Bullish Rounding Bottom completed at neckline of Resistance Zone level
- Fairly decent Bullish Double Bottom seems formed at Support Zone level
- Volumes spiking over past few days and in close sync to avg traded quantity
Zomatotechnicalchartsetup
Zomato cmp 234.54 by Daily Chart viewZomato cmp 234.54 by Daily Chart view
- Support Zone at 217 to 224 Price Band
- Resistance Zone at 244 to 252 Price Band
- Gap Up openings and Gap Down opening are closed since July2024
- Weekly Support at 214 > 192 > 171 with Resistance at 256 > 274 >>> ATH 304.70
- Breakouts above Rising Support Trendline and Falling Resistance Trendline seem sustained