Phoenix Mills Ltd.
לונג

PHOENIXLTD 1 Week Time Frame

206
📌 Current weekly reference price: ~₹1,730–₹1,740 on NSE (updated latest).

📊 Weekly Pivot & Key Levels (Most Recent)

▶️ Weekly Pivot Point
Weekly Pivot (Standard): ₹1,768.93 (central reference for the week)

📈 Weekly Resistance Levels
(Upside levels where price may face selling pressure)
1. R1: ~₹1,818.67 – first major resistance zone this week
2. R2: ~₹1,910.83 – secondary resistance on extended upside
3. R3: ~₹1,960.57 – deep stretch resistance if bullish momentum builds

Interpretation:
A weekly close above ₹1,818–₹1,820 would suggest strength and bullish continuation into higher zones.
Strong upside momentum could target tier‑2 and tier‑3 resistance levels above ₹1,900.

📉 Weekly Support Levels
(Key downside levels where price may find buying interest)
1. S1: ~₹1,676.77 – immediate support if price dips from current levels
2. S2: ~₹1,627.03 – deeper zone of support below S1
3. S3: ~₹1,534.87 – medium‑term support zone, stronger base area

Interpretation:
If price confirms a break below weekly support ₹1,676–₹1,680, it increases the likelihood of further correction toward ₹1,627 and then ~₹1,535.

📌 Summary — Weekly Price Action Framework

Bullish Scenario (weekly view):
Price sustains above pivot ~₹1,768–₹1,770
Breaks ₹1,818–₹1,820 weekly resistance
➡️ Upside target zones: ₹1,910 → ₹1,960+

Bearish/Neutral Scenario (weekly view):
Weekly close below ₹1,676–₹1,680 support
➡️ Downside zones: ₹1,627 → ₹1,535

כתב ויתור

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