THE PHOENIX MILLS LTD
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PHOENIX MILLS

Prices have been trading in an up-sloping trend channel.

Now, the prices have overhauled a down-sloping trendline.

Weekly MACD has also turned positive.

Prices are now expected to resume its up-trend and test the upper end of the Trend Channel placed around 2050.

Bullish view remains valid as long as prices trade above 1300.
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Target of 2050 has been met!

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