๐๏ธ Phoenix Mills โ Retail Real-Estate Powerhouse Holding Strong
PHOENIXLTD
Price: โน1731
View: Positive consolidation
๐ Technical View
RSI: 55.8, recovering from short-term dip.
Structure robust above โน1660 support zone.
Break above โน1810 opens road to โน1865 โ โน1950.
Volumes stable; no distribution signs.
๐งฉ Fundamental Strength
Indiaโs top retail-mall developer with industry-leading footfall & rental income.
Strong cash flows from malls + hotel + commercial office assets.
Expansion pipeline (Lucknow, Pune, Bengaluru) adds multi-year growth visibility.
๐ Analyst Sentiment
Mostly BUY, given predictable rentals and long-term retail recovery.
๐ Conclusion:
Phoenix Mills stays structurally bullish. Fresh breakout expected above โน1810.
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