Watch out for

PHOENIXLTD

price is having a bullish sentiment but within the range and near the Resistance line of the trend as can be seen from the chart. We need to be cautious in the zone and have a look at the weekly closing. If it sustains levels just above the trendline, we can expect bullishness with good momentum in the coming weeks. And this pattern is quite familiar for other stocks in the market as well in this week.