The Phoenix Mills technical analysis

According to the latest Pivot data, The Phoenix Mills’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹1574.5, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1602, ₹1637.7, and ₹1665.2, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1538.8, ₹1511.3, and ₹1475.6, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in The Phoenix Mills’s price movement.