PHOENIXLTD 1 Week Time Frame

✅ Current Context

The stock is trading around ~ ₹1,750 – ₹1,770 region.
Technical indicators show mixed signals: daily SMAs are around ₹1,575-₹1,600, meaning price is above medium-term averages.
Momentum indicators: some overbought signals present; trend strength moderate.

🔍 My Derived Key Levels (for next 1-2 weeks)
Given current price and the above pivots, useful levels to watch:

Near-term support: ~ ₹1,700 – ₹1,730 (psychological + price above SMA)
First major support: ~ ₹1,470 – ₹1,500 zone (around S1)
Immediate resistance: ~ ₹1,800 – ₹1,820
Stretch target / higher resistance: ~ ₹1,640 + zone (~R2) if a pull-back happens and this acts as resistance on any retracement