Ather Energy (₹1,209.20)

Set to hit fresh highs

The stock of Ather Energy, ever since its listing in May 2025, has been steadily rallying. It hit a fresh high of ₹1,345 on July 16 before softening to the current level of ₹1,209. The chart shows that the uptrend stays valid. However, ongoing correction might extend to ₹1,100 before the scrip establishes another leg of uptrend. Once the rally begins again, the stock can appreciate to ₹1,500, there by hitting fresh highs in the coming sessions. Therefore, participants can buy the stock now at ₹1,209 and buy more at ₹1,100. Place stop-loss at ₹1,000. When the price touches ₹1,375 and ₹1,450, revise the stop-loss to ₹1,300 and ₹1,380 respectively. Exit at ₹1,500.

Havells India (₹1,226.80)

Shows bullish indications

The stock of Havells India been in a long-term downtrend. But for a month now, the price remained flat. Last week, the stock rallied 3.3 per cent and formed a bullish engulfing chart pattern in the weekly chart. This is an indication for a bullish trend reversal. Also, the scrip has now moved above both 21- and 50-day moving averages. So, at least in the short-term we can expect an uptick in price, possibly to ₹1,400. So, traders can buy now at ₹1,226 and accumulate at ₹1,185. Place initial stop-loss at ₹1,110. When the price rises to ₹1,300 and ₹1,350, raise the stop-loss to ₹1,250 and ₹1,320 respectively. Book profits at ₹1,400.

Lodha Developers (₹1,144.40)

Uptrend intact

The stock of Lodha Developers has been on a rally since April after it found support at ₹650. The price hit an eight-month high of ₹1,225.20 on July 10 before moderating to the current level of ₹1,444. The chart shows that the uptrend is intact and the price correction is only temporary. There is a good chance for the stock to rebound from ₹1,110, where the 21-day moving average lies, or ₹1,060. Once the uptrend resumes, the stock can rally to ₹1,420. So, buy at ₹1,144 and accumulate at ₹1,060. Stop-loss can be ₹980. When the stock appreciates to ₹1,280 and ₹1,350 tighten the stop-loss to ₹1,200 and ₹1,300 respectively. Exit at ₹1,420.

Published on July 25, 2026