PHOENIXLTD - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.9

📊 Technical Analysis Summary

• Trend Status: Trending upward
• Current Price: ₹1,693
• RSI (58.8): Bullish-neutral — positive but not overbought
• MACD (32.4): Bullish crossover — upward momentum building
• Volume: Above average (7.6L vs 4.7L) — strong participation
• DMA 50/200: Price above both (₹1,612 & ₹1,579) — bullish confirmation
• Bollinger Bands: Price near upper band — potential resistance ahead

📈 Entry & Exit Zones

• Support Levels: ₹1,650 / ₹1,610 / ₹1,580
• Resistance Levels: ₹1,720 / ₹1,800 / ₹1,900
• Optimal Entry: ₹1,650–₹1,680 (on minor pullback)
• Exit Target: ₹1,800–₹1,900 (if momentum sustains)

✅ Positive

• Price above both 50 & 200 DMA — strong trend confirmation
• MACD and volume support bullish continuation
• Low debt-to-equity (0.14) — financially stable

⚠️ Limitation

• High P/E (210) and PEG (7.93) — overvalued relative to earnings and growth
• ROCE (6.5%) and ROE (5.52%) — below industry benchmarks
• Dividend yield is minimal (0.15%)

📉 Company Negative News

• Quarterly PAT declined from ₹58.6 Cr to ₹40.7 Cr — 23% drop
• FII holding decreased by 2.82% — foreign investor exit

📈 Company Positive News

• DII holding increased by 2.75% — strong domestic institutional support
• EPS of ₹7.89 and consistent upward price trend — investor confidence

🏢 Industry

• PHOENIXLTD operates in retail real estate — cyclical but recovering post-pandemic
• Industry P/E is 42.4 — PHOENIXLTD trades at a significant premium
• Sector benefits from urban consumption and mall footfall recovery

🧾 Conclusion

• PHOENIXLTD is currently trending upward with strong technical signals
• Entry near ₹1,650–₹1,680 may offer upside toward ₹1,800–₹1,900
• Valuation is stretched — suitable for short-term momentum traders, cautious for long-term investors