#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...
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.
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...
Prices 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
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.
~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 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
Chart -> 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.
BUY - 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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Nifty 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.
Trend line Breakout in PHONIX MILLS
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 4-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the...
#phoenix mills
Will add for long term at 1450 around.
Wonderful results posted by this company.
Can go positional at TL breakout or retest as well.!!
#vr
