ETERNAL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.4

📉 Weak momentum and RSI near oversold levels suggest caution. High volume offers liquidity but not direction.

🔍 Positive

• Quarterly PAT rose from ₹602 Cr. to ₹691 Cr., showing strong earnings growth.
• DII holding increased by 3.55%, indicating domestic institutional confidence.
• Trading above 200 DMA (₹283) suggests long-term support.
• Debt-to-equity ratio of 0.01 reflects strong financial health.

⚠️ Limitation

• MACD negative (-3.00) and RSI at 35.5 indicate weak momentum and possible oversold conditions.
• Current price below 50 DMA (₹326) implies bearish bias.
• High P/E (128) vs industry average (41.6) suggests overvaluation.
• EPS of ₹2.45 is low relative to price, impacting earnings yield.

📰 Company Negative News

• FII holding dropped by 3.30%, signaling reduced foreign investor confidence.

📢 Company Positive News

• Quarterly profit growth of 64.1% highlights strong operational performance.

🏭 Industry

• Sector benefits from digital transformation and tech adoption but faces valuation pressure.
• Industry P/E of 41.6 reflects moderate optimism across peers.

🧾 Conclusion

• ETERNAL shows weak intraday momentum despite strong volume and earnings growth.
• Best suited for cautious scalping or swing trades with tight stop loss.
• Monitor RSI and MACD for signs of reversal before entering aggressively.

I can track ETERNAL’s RSI and MACD live to alert you when momentum shifts toward a bullish setup.