LEMONTREE-Strong Cup-and-Handle Breakout

The Setup: Classic Continuation Pattern
LEMONTREE is signaling a powerful move with a textbook Cup-and-Handle continuation pattern on the weekly chart. This pattern indicates that the existing strong uptrend is ready to resume after a period of healthy, necessary consolidation.

☕ The "Cup": A wide, rounded bottom formation (mid-2024 to early 2025) showing the gradual return of buying conviction.

🤝 The "Handle": A tight, small flag/base formed near the previous high (the ₹160-₹170 zone), suggesting final supply absorption.

✅ Breakout Confirmation: The price is breaking out of this handle to new highs on strong volume, confirming the pattern's validity.

Key Confirmation Signals
📈 Moving Averages: The stock is trading confidently above all major moving averages, stacked in a bullish order. The long-term trend is very healthy.

⭐ Relative Strength (RS): The Relative Strength indicator confirms that LEMONTREE is a genuine market leader and is significantly outperforming the broader market.

📣 Volume Profile: Volume is quiet during the handle and increasing on the breakout, which is the perfect signature for a reliable move.

The Trade Plan
🎯 Entry Signal: Entry is confirmed on a decisive close above the handle (above ~₹170).

🛑 Stop Loss (Risk Management): Place a clear, objective stop loss just below the low of the handle formation, for example, around ₹155-₹160.

💰 Target Expectation: Given the strength of the setup and the hospitality sector tailwinds, the expectation is a sustained trend extension to new All-Time Highs.