The long-term outlook is bullish for EID Parry India (₹805). The downtrend that was in place since August 2025 seems to have come to an end. The recent bounce from the low of ₹698 made in June is giving an early sign of a bullish trend reversal. This rise is happening from a strong long-term trend line as well as the 55- Month Moving Average (currently at ₹709). Strong support is in the ₹730-₹700 region. A fall below ₹700 is less likely. Fresh buyers are likely to come into the market around this support zone and limit the downside. Immediate resistance is at ₹830. Above that, ₹900-₹920 is the next key resistance zone. A break above the resistance zone will confirm the trend reversal. That will strengthen the bullish case to see a rally to ₹1,400 over the next couple of years. Long-term investors can buy EID Parry India shares now at ₹805. Accumulate on dips at ₹760. Trail the stop-loss up to ₹880 as soon as the stock goes up to ₹990. Revise the stop-loss higher to ₹1,020 and ₹1,130 when the price touches ₹1,110 and ₹1,270 respectively. Exit the stock at ₹1,360.Published on August 9, 2026