Stock Radar: Eternal stock down nearly 20% from highs; time to buy the dip or stay put?

Eternal Ltd is consolidating near the Rs 295–300 support zone after a sharp correction from October highs. Experts see improving momentum indicators and bullish divergence on charts. High-risk short-term traders may consider buying around current levels for a 3–4 week target of Rs 330 with strict stop-loss discipline. In terms of price action, the stock is now trading below 5,10,20,30,50 and 100-DMA but above the 200-DMA level on the daily charts.