Market Neuron Logo
⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

LEMONTREE - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Back to Technical List

Technical Rating: 4.2

Here’s a detailed technical analysis of Lemon Tree Hotels Ltd (LEMONTREE) based on current indicators and price behavior

πŸ“Š Trend Overview

Current Trend: Bullish to Consolidating

Price Action: Trading above both 50 DMA (β‚Ή145) and 200 DMA (β‚Ή139) β€” confirms bullish structure.

52W Index (76.8%): Price is near its 52-week high (β‚Ή162), indicating strength but also potential resistance.

πŸ“ˆ Momentum Indicators

RSI (53.0): Neutral to bullish β€” suggests healthy momentum with room to rise.

MACD (3.45): Positive β€” supports bullish bias and continuation.

Volume: Below 1-week average β€” hints at mild consolidation or reduced buying pressure.

πŸ“‰ Volatility & Bands

Bollinger Bands: Price likely near upper band β€” signals strength but also short-term resistance.

Volatility: Moderate β€” price action is steady with breakout potential.

πŸ“Œ Support & Resistance Zones

Level Price (β‚Ή)

Immediate Support 145–148 (near 50 DMA)

Strong Support 139–142 (near 200 DMA)

Resistance 1 155–158

Resistance 2 162 (52-week high)

Resistance 3 170+ (long-term breakout zone)

🎯 Entry & Exit Zones

Optimal Entry: β‚Ή145–₹150 (on pullbacks near support)

Exit / Profit Booking: β‚Ή158–₹170 (if price approaches resistance zones)

πŸ” Short-Term Signals

Momentum: Building β€” RSI and MACD support bullish continuation.

Trendline: Price holding above key averages β€” confirms bullish structure.

Consolidation: Likely between β‚Ή145–₹158 before breakout attempt.

Would you like to explore hospitality or mid-cap stocks with similar breakout setups? I can help you build a watchlist with high-momentum candidates. πŸ¨πŸ“ˆ

Edit in a page

Back to Technical List