The question of whether the universe is eternal or if it had a singular moment of creation is deeply intriguing. Although different versions of steady state and oscillatory models of eternal universe have been envisaged, empirical evidence suggests a singular moment of creation at the big bang. Here we analyze the oscillatory solutions for the universe in a modified theory of gravity THED (Torsion Hides Extra-Dimension) and evaluate them by fitting Type 1a supernovae redshift data. THEDgravity exactly mimics General Relativity at the kinematical level, while the modifications in its dynamical equations allow the universe to bounce between a minimum size and a maximum size with a zero average energy within each oscillation. The optimally fit oscillatory solutions correspond to a universe with (i) a small matter density requiring little to no dark matter, (ii) a significantly negative spatial curvature, (iii) a tiny negative dark energy, (iv) and an arbitrarily large maxima and small minima whose exact values depend on the tinyness of the dark energy, which can't be empirically constrained. Alternatively, there exists non-oscillating solutions that appear as an ever-expanding universe from a single bounce at some minimum size preceded by a collapse from the infinite past. These ever-expanding solutions indeed fit the redshift data marginally better than the oscillating solutions and are at par with the best fit of standard big bang theory. They accommodate a range of matter densities requiring dark matter, positive dark energy and positive spatial curvature. A qualitative analysis of CMB power spectrum with the modified dynamical equations predicts a negative spatial curvature for the universe, in stark contrast to a near-zero curvature in the standard big bang theory. An independent constraint on the spatial curvature can further shed light on discriminating the ever expanding and oscillatory universe scenarios.