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Zomatotechnicalchartsetup

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
NSE:ETERNAL
by PIYUSHCHAVDA
11
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
Z
by PIYUSHCHAVDA

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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