Ather Energy Ltd (ATHERENERG) – Technical AnalysisPrice Action
Current Price: ₹441–445 (as of August 29, 2025)
Up ~2–2.6% today, nearing 52-week highs.
Momentum & Indicators
Likely above key moving averages — bullish momentum.
RSI may be elevated — watch for overbought conditions.
ADX suggests trend strength is building.
Substantial volume backing price movement.
Chart Structure
Resistance zone: ₹450–451 (52-week high)
Support zones: ₹440, then ₹430–435
Upside targets: ₹470 → ₹480+ on breakout
Invalidation: Drop below ₹430 weakens bullish setup.
Trading View Bias
Bias: Bullish as long as price stays above ₹430
Short-Term Target: ₹450 → ₹470
Medium-Term Target: ₹480+
Invalidation Level: Close below ₹430 shifts to caution.
Disclaimer: This is a technical analysis for educational purposes only—not financial advice. Always perform your own due diligence before trading.
