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Eternal Stock Poised for Gains on Tuesday, Experts Advise Trade Amid Market Recovery
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CNBC Awaaz•21-09-2026, 20:13
Eternal Stock Poised for Gains on Tuesday, Experts Advise Trade Amid Market Recovery
- •Indian stock market extended its recovery for the fourth consecutive session, with Nifty closing above 23,400.
- •Expert Amit Seth recommends buying Eternal stock for Tuesday, setting a target of 345 and a stop loss of 330.
- •Market experts advise going long on dips with a stop loss of 23275 and 23300 for Nifty.
- •Motilal Oswal's Siddharth Khemka suggests soft crude prices and global market improvements could support Indian equities.
- •Angel One's Osho Krishnan identifies immediate Nifty support at 23,300-23,270 and resistance at 23,500-23,580.
Key Questions Answered
Market expert Amit Seth has advised buying Eternal with a target of 345 and a stop loss of 330. The stock closed higher at 336 on Monday and showed a strong structure that remained unaffected by the recent market decline.
According to experts, Nifty50 has an important resistance level at 23,600, while support remains around the 23,300 level. Additional insights indicate that a decisive breakout above the 23,500 to 23,580 range could further strengthen the short-term setup.
The Indian equity market's recovery is supported by buying at lower levels, participation across various sectors, softening crude oil prices, improvement in global markets, and the overall strength of the domestic economy.
