#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.
PHOENIXLTD trade ideas
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 candlestick pattern helps in confirmation of important support and resistance levels. Important points while drawing a trend line.
It should not be toos lant.
Two or more points should a reasonably away from each other.
I hope this post helped you in learning Trendline.
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 clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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 defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Phoenix Mills : Breakout possibilityPhoenix Mills ::
Trying to breakout resistance
Long only above 3322 with support at 3225
PHOENIX MILLS LTD. (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
PHOENIX MILLS LTD.
Target: RS 3285
CMP: RS 3128.9
ENTRY RANGE: 3095-3160
STOP LOSS: RS 2950
Disclaimer: I am not Sebi Registered.
Breakout in The Phoenix Mills Limited...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.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PHOENIX MILLSPHOENIX MILLS Ltd is all set for Breaking Out its Major Resistance Zone & readyiing for further Up rally
KEEP ON RADAR
PHOENIX LTD - SWING TRADE - 5th January #stocks#PHOENIXLTD (1D TF)
Swing Trade Analysis given on 5th January, 2023
Pattern: FALLING WEDGE PATTERN
- Volume Spike Buildup - Done ✓
- Breakout of Resistance - Done ✓
- Box breakout + Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #phoenixltd
Phoenix mills can give 7-9% movePhoenix mills can give 7-9% move
Wait to cross 1650
keep sl 1610 on closing basis,
Target 1760-1800
Time frame 30-40 days
PHOENIX MILLSPrices have been trading in an up-sloping trend channel.
Now, the prices have overhauled a down-sloping trendline.
Weekly MACD has also turned positive.
Prices are now expected to resume its up-trend and test the upper end of the Trend Channel placed around 2050.
Bullish view remains valid as long as prices trade above 1300.
PHOENIXLTD LOOKING GOOD FOR MORE UPSIDEPHOENIXLTD
CMP : 1705
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
PHONIX MILLS--BULLISH~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
PHOENIXLTD TARGET 2053PHOENIXLTD monthly weekly uptrend channel and day inverse head and shoulder breakout with bullish engulfing. Strong resistance of 1522 fifth time breakout. If it sustains above 1522 and close in weekly it will reach the target of 2053
Phoenix Mills goodChart -> Phoenix Mills Daily
An all-time high cup and handle breakout.
CMP: 1677
Good Range To Buy: 1600 to 1680
Targets: 1890, 2060
SL: 1555 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
PHOENIXLTD - DTF Cup & Handle BO with VolumeWTF in UT, Formed a Base
DTF FORMED A Cup & Handle BO with Volume
RS Line make 52 WH
Volume Dry before Breakout
PHOENIX MILLS - LONG BREAKOUTBUY - PHOENIX MILLS
CMP - Rs. 1422
Target - 1: Rs. 1630
Target - 2: Rs. 1800
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Technicals - Cup and Handle Pattern BO
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This is just a view by an expert analyst, please invest at your own risk.
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Breakout in Phoenix millsNifty realty is in the verge of breaking trendline so does phoenix mills is and there is a big green candle with huge volume near this trend line we may see a breakout and upside move in near term.
