Phoenix Ltd - EW Analysis - contra Trade (Short)We are top of falling channel. Considering the bias that the correction is not yet over, we can expect a Wave C in Y down. SL will be yesterday's high.
Targets 1650, 1500, 1350.
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29.60 INR
9.84 B INR
38.14 B INR
186.21 M
About THE PHOENIX MILLS LTD
Sector
Industry
CEO
Shishir Ashok Shrivastava
Website
Headquarters
Mumbai
Founded
1905
ISIN
INE211B01039
FIGI
BBG000D64B57
The Phoenix Mills Ltd. engages in the development of real estate properties. It operates through the Property and Related Services and Hospitality segments. The Property and Related Services segment provides mall and office areas on a license basis and development of commercial, or residential properties. The Hospitality segment involves the management of hotels and restaurants. The company was founded in 1905 and is headquartered in Mumbai, India.
A steady strong pattern formation on the daily and weekly tf As you can clearly see that the on daily/weekly tf the stock has made a crown pattern or a shoulder head shoulder and also it’s forming a bullish engulfing pattern on a weekly closing basis you can make a enter at 1785.5 and take till the all time high of the stock .
So, yeah this is my view pleas
#PHOENIXLTD#PHOENIXLTD is looking good on weekly and daily charts but the Risk reward is not good and also a lot of supply zones ahead.
Wait for the pullback or take a small position here and wait for the pull back.
Phenoix mills Ltdview for 23 Oct is mild bullish
supporting factors -
Weekly chart , prize at 50 ema
Daily chart , giving bullish Divergence and a Fake break down setup
4 hr chart giving , RSI is swing zone , stoch buy form oversold , and a good bullish engulf with good vol
Pheonix - How to draw TrendlineTrendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.
Trendline in combination of candlestic
Early Stages of VCP Pattern for Phoenix MillsIt is very early to predict the pattern, and idea may go various ways, but Fibonacci level support are there so chances are very strong. 2-3% SL is a very good idea.
FYI: This is not an Investment idea, just trying to capture early VCP Pattern
The Phoenix Mills Limited - Breakout Setup, Move is ON...#PHOENIXLTD trading above Resistance of 3567
Next Resistance is at 4316
Support is at 3013
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearl
The Phoenix Mills Limited - Breakout Setup, Move is ON...#PHOENIXLTD trading above Resistance of 3131
Next Resistance is at 3567
Support is at 2769
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly de
The Phoenix Mills Limited - Long Setup, Move is ON...#PHOENIXLTD trading above Resistance of 2769
Next Resistance is at 3131
Support is at 2170
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
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Neutral
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of PHOENIXLTD is 1,599.50 INR — it has decreased by −1.61% in the past 24 hours. Watch THE PHOENIX MILLS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange THE PHOENIX MILLS LTD stocks are traded under the ticker PHOENIXLTD.
PHOENIXLTD stock has risen by 2.78% compared to the previous week, the month change is a −1.66% fall, over the last year THE PHOENIX MILLS LTD has showed a −0.61% decrease.
We've gathered analysts' opinions on THE PHOENIX MILLS LTD future price: according to them, PHOENIXLTD price has a max estimate of 2,000.00 INR and a min estimate of 1,460.00 INR. Watch PHOENIXLTD chart and read a more detailed THE PHOENIX MILLS LTD stock forecast: see what analysts think of THE PHOENIX MILLS LTD and suggest that you do with its stocks.
PHOENIXLTD reached its all-time high on Jul 18, 2024 with the price of 2,068.15 INR, and its all-time low was 0.40 INR and was reached on Feb 14, 2002. View more price dynamics on PHOENIXLTD chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
PHOENIXLTD stock is 2.78% volatile and has beta coefficient of 1.81. Track THE PHOENIX MILLS LTD stock price on the chart and check out the list of the most volatile stocks — is THE PHOENIX MILLS LTD there?
Today THE PHOENIX MILLS LTD has the market capitalization of 569.52 B, it has increased by 0.68% over the last week.
Yes, you can track THE PHOENIX MILLS LTD financials in yearly and quarterly reports right on TradingView.
THE PHOENIX MILLS LTD is going to release the next earnings report on Aug 6, 2025. Keep track of upcoming events with our Earnings Calendar.
PHOENIXLTD earnings for the last quarter are 7.52 INR per share, whereas the estimation was 15.54 INR resulting in a −51.61% surprise. The estimated earnings for the next quarter are 7.97 INR per share. See more details about THE PHOENIX MILLS LTD earnings.
THE PHOENIX MILLS LTD revenue for the last quarter amounts to 10.16 B INR, despite the estimated figure of 11.69 B INR. In the next quarter, revenue is expected to reach 10.62 B INR.
PHOENIXLTD net income for the last quarter is 2.69 B INR, while the quarter before that showed 2.65 B INR of net income which accounts for 1.53% change. Track more THE PHOENIX MILLS LTD financial stats to get the full picture.
Yes, PHOENIXLTD dividends are paid annually. The last dividend per share was 5.00 INR. As of today, Dividend Yield (TTM)% is 0.16%. Tracking THE PHOENIX MILLS LTD dividends might help you take more informed decisions.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. THE PHOENIX MILLS LTD EBITDA is 21.61 B INR, and current EBITDA margin is 56.67%. See more stats in THE PHOENIX MILLS LTD financial statements.
Like other stocks, PHOENIXLTD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade THE PHOENIX MILLS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So THE PHOENIX MILLS LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating THE PHOENIX MILLS LTD stock shows the buy signal. See more of THE PHOENIX MILLS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.