Phoenix Mills has confirmed a strong breakout above the key Rs 1,820–1,840 resistance zone, supported by robust volumes and sustained buying momentum. The stock is trading comfortably above its 20, 50, 100, and 200-day moving averages, highlighting a strong bullish trend across timeframes. RSI has moved above 65 and is trending higher, indicating strengthening momentum and the possibility of further upside.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
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