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Umang Bhutada

9th Jul · SEBI-Registered Analyst

PHOENIXLTD

Phoenix Mills – Swing Important Levels: Support: ₹1,550 – ₹1,500 Resistance: ₹1,700 – ₹1,780 Structure: Consolidation with a positive business update Business: Major retail-led real estate developer Operates premium malls and mixed-use developments Beneficiary of premium consumption and urban discretionary spending Earnings / Trigger: The company reported 32% year-on-year growth in portfolio consumption during Q1, putting the stock in focus today. Verdict: 👉 Premium consumption + real estate story 👉 Interesting swing candidate on technical confirmation

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