LEMONTREE - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical ListTechnical Rating: 4.2
Hereβs a detailed technical analysis of Lemon Tree Hotels Ltd (LEMONTREE) based on current indicators and price behavior
π Trend Overview
Current Trend: Bullish to Consolidating
Price Action: Trading above both 50 DMA (βΉ145) and 200 DMA (βΉ139) β confirms bullish structure.
52W Index (76.8%): Price is near its 52-week high (βΉ162), indicating strength but also potential resistance.
π 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.
π 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.
π Support & Resistance Zones
Level Price (βΉ)
Immediate Support 145β148 (near 50 DMA)
Strong Support 139β142 (near 200 DMA)
Resistance 1 155β158
Resistance 2 162 (52-week high)
Resistance 3 170+ (long-term breakout zone)
π― Entry & Exit Zones
Optimal Entry: βΉ145ββΉ150 (on pullbacks near support)
Exit / Profit Booking: βΉ158ββΉ170 (if price approaches resistance zones)
π 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 βΉ145ββΉ158 before breakout attempt.
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