Is THE PHOENIX MILLS in uptrend or downtrend?

In the short term price movements in PHOENIXLTD share indicates the market is Sideways. However, bulls are trying to take control.

What is THE PHOENIX MILLS share price forecast for tomorrow?

In The Phoenix Mills Limited stock current resistance level is at 1660 and support level is at 1490. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are THE PHOENIX MILLS support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For The Phoenix Mills Limited in the short-term, the supply zone around 1660 and 1660. Hence, good chances of resistance around 1660. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for The Phoenix Mills Limited share is around 1490 and 1490. Hence, good chances for support around 1490.

Why is THE PHOENIX MILLS share price falling today?

Perhaps PHOENIXLTD stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

THE PHOENIX MILLS Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data