₹980–₹1,000 is an important support zone for Lodha

₹980–₹1,000 is an important support zone for Lodha Developers based on the chart you shared. The earlier consolidation repeatedly faced resistance around this level, and after the July breakout above ₹1,000, the stock moved sharply toward ₹1,300. Therefore, ₹980–₹1,000 can now act as a breakout-retest support zone, with the rising trendline also approaching this area. The current correction from the ₹1,280–₹1,300 region makes this zone particularly important. If the stock holds ₹980–₹1,000 and forms a bullish reversal candle, it would indicate that buyers are defending the previous breakout area; a decisive daily close below ₹980 would weaken the breakout structure and could open the way toward the next support around ₹930–₹950. The broader stock remains above its 200-day average, which is around ₹1,021 according to recent technical data. In one line: ₹980–₹1,000 is a key breakout-retest + trendline support zone for Lodha; holding this area can help preserve the broader bullish structure, while a decisive breakdown would weaken it.