chart shows a strong bullish uptrend, with the stock
ATHERENERG
chart shows a strong bullish uptrend, with the stock consistently forming Higher Highs and Higher Lows. From the April low near ₹700, Ather has moved steadily upward and recently broke above the ₹1,400–₹1,450 consolidation zone, followed by a sharp rally toward ₹1,700+. After this rally, the stock is currently consolidating around ₹1,550, which can be viewed as a short-term pause within the broader uptrend.
Key levels from the chart:
🟢 ₹1,500–₹1,550: Immediate support zone
🟢 ₹1,400–₹1,450: Major breakout/support zone
🔴 ₹1,650–₹1,700: Immediate resistance
🔴 ₹1,720–₹1,750: Major recent high/supply zone
In one line: Ather remains in a strong higher-high/higher-low structure; the current ₹1,500–₹1,550 area is important to watch as support, while a sustained move above ₹1,700–₹1,750 would indicate further continuation of the bullish trend.