Dixon Technologies - Keep an Eye

Updated
πŸ“Š Script: DIXON (DIXON TECHNOLOGIES (INDIA) LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY 500, NIFTY INDIA CONSUMPTION, NIFTY MIDCAP
πŸ“Š Sector: Consumer Durables
πŸ“Š Industry: Consumer Electronics

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ Crossover in MACD .
πŸ“ˆ Already Crossover in Double Moving Averages.
πŸ“ˆ Volume is increasing along with price.
πŸ“ˆ Script is moving towards resistance level which is around 4659 if script is breaking its resistance level it may go up.
πŸ“ˆ Current RSI is around 77.
πŸ“ˆ One can go for Swing Trade for around 120 points.

⏱️ C.M.P πŸ“‘πŸ’°- 4540
🟒 Target πŸŽ―πŸ† - 4659

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ Repeat πŸ”

Happy learning with trading. Cheers!πŸ₯‚
Trade closed: target reached
TODAY'S HIGH 4670
Chart PatternsdixontechdixontechnologiesTechnical IndicatorsMIDCAPnifty500niftyindiatreandlineTrend Analysis

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