LEMONTREE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.9

Here’s a detailed technical analysis of Lemon Tree Hotels Ltd. (LEMONTREE)

📊 Trend Overview

Current Trend: 🔼 Trending Upward

Price is trading above both the 50-DMA (₹161) and 200-DMA (₹146), confirming a bullish structure.

The 52-week index at 87.8% shows the stock is near its yearly high of ₹181, indicating strong relative strength.

RSI at 57.8 is in the neutral-to-bullish zone, suggesting steady momentum.

MACD at 5.35 is positive, confirming a bullish crossover and trend continuation.

📈 Moving Averages

50-DMA: ₹161 — Short-term support.

200-DMA: ₹146 — Long-term support.

Price Action: Current price of ₹172 is above both DMAs, reinforcing bullish sentiment.

📉 Momentum Indicators

RSI (14-day): 57.8 — Neutral to bullish, with room for upside.

MACD: 5.35 — Bullish crossover, momentum building.

Volume: 25.5 lakh vs 1-week avg of 29.6 lakh — Slightly below average, suggesting mild consolidation.

📊 Bollinger Bands

Price likely near middle-to-upper band — moderate volatility.

No squeeze or breakout pattern detected, but setup favors continuation if volume improves.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 161 50-DMA, short-term support

Support 2 150 Previous swing low

Resistance 1 175 Minor resistance zone

Resistance 2 181 52-week high, major resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹161–₹168 — On pullback near 50-DMA.

Exit Zone: ₹175–₹181 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Building — MACD bullish, RSI rising.

Breakout Potential: Moderate — Watch for volume surge above ₹175.

Bias: Bullish — Trend intact, but volume needs to pick up.

🧭 Summary

LEMONTREE is currently trending upward, supported by price action above key moving averages and strengthening momentum indicators. Traders may consider entering near ₹161–₹168 and targeting ₹175–₹181 for exits. A breakout above ₹181 with volume could signal further upside toward ₹190+ levels.

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