Is EROS INTL MEDIA in uptrend or downtrend?

In the short term price movements in EROSMEDIA share indicates the market is rangebound, with bulls trying to absorb excessive supply.

What is EROS INTL MEDIA share price forecast for tomorrow?

In Eros International Media Limited stock current resistance level is at 8 and support level is at 8. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Sideways.

What are EROS INTL MEDIA support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Eros International Media Limited in the short-term, the supply zone around 8 and 10. Hence, good chances of resistance around 10. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Eros International Media Limited share is around 8 and 10. Hence, good chances for support around 10.

Why is EROS INTL MEDIA share price falling today?

Perhaps EROSMEDIA stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

EROS INTL MEDIA Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data