Stock to buy today: Lodha Developers (₹1,073.75)

The stock of Lodha Developers saw a decline in price between June last year and mid-January this year. But since then, it has been on a recovery.

It recently formed a morning star candlestick pattern on the weekly chart, indicating a potential bullish reversal in the trend.

In recent days, the stock has also broken out of a trendline resistance, and the price is now above both 21- and 50-day moving averages.

These factors point to a possible rally in the near term. We expect the stock to hit ₹1,240. So, participants can buy now at ₹1,073 and accumulate at ₹1,055.

Place initial stop-loss at ₹1,015. When the price touches ₹1,150, alter the stop-loss to ₹1,090. Raise the stop-loss further to ₹1,170 when the stock reaches ₹1,200. Exit at ₹1,240.

Video Credit: Businessline

(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)

Published on February 16, 2026