LODHA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.5

Here’s a detailed technical analysis of Macrotech Developers Ltd. (LODHA)

📊 Trend Overview

Current Trend: 🔄 Reversing from recent highs

Price is trading below both the 50-DMA (₹1,252) and 200-DMA (₹1,277), indicating a short-term bearish structure.

The 52-week index at 33.9% shows the stock is significantly off its high of ₹1,534, suggesting a corrective phase.

RSI at 46.2 is in the neutral zone, leaning bearish.

MACD at -19.5 is negative, confirming a bearish crossover and fading momentum.

📈 Moving Averages

50-DMA: ₹1,252 — Immediate resistance.

200-DMA: ₹1,277 — Long-term resistance.

Price Action: Current price of ₹1,204 is below both DMAs, reinforcing a short-term downtrend.

📉 Momentum Indicators

RSI (14-day): 46.2 — Neutral to bearish zone.

MACD: -19.5 — Bearish crossover, momentum weakening.

Volume: 17.97 lakh vs 1-week avg of 19.55 lakh — Slightly below average, indicating low conviction.

📊 Bollinger Bands

Price likely near middle band — moderate volatility.

No breakout or squeeze pattern detected, favoring consolidation.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 1,175 Minor swing support

Support 2 1,035 52-week low, major support

Resistance 1 1,252 50-DMA, immediate resistance

Resistance 2 1,277–1,300 200-DMA and trendline resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹1,175–₹1,200 — On pullback near support.

Exit Zone: ₹1,250–₹1,300 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Weak — MACD bearish, RSI neutral.

Breakout Potential: Low to moderate — Needs MACD reversal and volume surge.

Bias: Cautiously bearish — Reversal setup forming, but confirmation pending.

🧭 Summary

LODHA is currently reversing from its recent highs, with technical indicators showing weakening momentum. Price action below key moving averages and a bearish MACD suggest caution, while support near ₹1,175 offers a potential entry zone. Traders may consider entering near ₹1,175–₹1,200 and targeting ₹1,250–₹1,300 for exits. A breakout above ₹1,252 with volume and RSI >55 could confirm trend continuation.

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