Dixon Tech., Fake-Breakout in Daily with Bearish Divergences

Updated
Dixon Technologies, Fake-Breakout with Bearish Divergence in Daily Timeframe, Shows a possible reversal of a Bullish Trend into Bearish Trend with following possible targets

CMP - 12614
T1 - 12000
T2 - 10800
Stop Loss - 12885
Trade closed: target reached
Target 1 is already completed on 9th September and made a low of 12040 which is the open of the day as well.

bearishdivergenceChart PatternsfakebreakoutTechnical IndicatorsreversalreversaltrendTrend Analysis

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