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AALGO BREATHS I SEBI RA

24th Jun · SEBI-Registered Analyst

Phoenix Mills Ltd – Bullish Continuation Setup

$PHOENIXLTD The stock remains in a strong uptrend and is consolidating near resistance after a sharp rally, indicating potential for another upside move. 🔎 Technical Setup: • Strong recovery from support zone • Higher High–Higher Low structure intact • Price trading above key moving averages • Volume participation remains healthy • Momentum indicators holding bullish bias 🔑 Key Levels: • Support: ₹1,856 – ₹1,817 • Major Support: ₹1,773 – ₹1,729 • Resistance: ₹1,944 – ₹1,982 🚀 Upside Targets: • ₹2,024 • ₹2,066 • ₹2,192+ ⚠️ Risk: A close below ₹1,817 may weaken the current bullish structure. 📈 View: Sustained move above ₹1,944 can trigger fresh momentum towards higher resistance zones. For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊

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