Buy Phoenix Mills Ltd For Target Rs. 1740.00 by Jainam Share Consultants
Phoenix Mills Ltd
Buy Phoenix Mills Ltd CMP 1638.00 Buy Price 1638.00 Target 1740.00 Stop loss 1574.00 Holding Periond 1 Month
* The stock price trading at Rs. 1638.00 on 14th OCT,2025.
* Currently the stock has given bullish chart pattern formation which resemble as Cup & Handle pattern breakout on daily chart.
* At this point, the price is trading above all the important EMA, which indicates a continuation of bullish momentum. Additionally, the momentum indicator RSI is also in bullish zone that is above the 60 level, suggesting strengthening positive sentiment in the stock.
* We expect the stock price to continue its current bullish momentum and head towards 1700-1740 levels considering the current price action.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
