Wednesday, December 3, 2025

Stock to buy today: The Phoenix Mills (₹1,731.70) – BUY

The short-term outlook is bullish for The Phoenix Mills. The stock has been moving inside a bull channel since August this year. The bounce this week is happening from the lower end of this channel. That leaves the chances high for the share price to go up towards the upper end of the channel. Support is in the ₹1,680-1,660 region. The Phoenix Mills share price can rise to ₹1,850, the upper end of the channel in the coming weeks. Traders can buy The Phoenix Mills shares now at ₹1,732. Accumulate on dips at ₹1,710. Keep the stop-loss at ₹1,655 initially. Trail the stop-loss up to ₹1,755 as soon as the stock goes up to ₹1,770. Revise the stop-loss higher to ₹1,785 and ₹1,810 when the price touches ₹1,805 and ₹1,825, respectively. Exit the long positions at ₹1,850.

Video Credit: Businessline

(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)

Published on November 26, 2025

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