Dixon's Bearish Breakdown – All Targets Smashed!DIXON Stock Technical Analysis:
In the 15-minute timeframe, Dixon saw a short trade entry at ₹15,199.60, with prices moving decisively lower, hitting all the predefined targets.
Key Levels:
Entry: ₹15,199.60
Stop Loss (SL): ₹15,349.80
Target 1 (TP1): ₹15,013.95
Target 2 (TP2): ₹14,713.50
Target 3 (TP3): ₹14,413.10
Target 4 (TP4): ₹14,227.45
Observations:
The price plunged after a clear rejection below the Risological dotted trendline, confirming the downtrend.
Dixon met all short targets as it continued its bearish trajectory.
This short trade capitalized on a strong breakdown, with all targets being successfully hit. Traders should remain cautious as the bearish momentum might be slowing down, offering potential reversal signals ahead.
Dixonlevel
Dixon Daily Trade: 350% Massive Growth SecuredWe entered a long position on Dixon at 3253.30, and the trade has seen a remarkable growth of 358.54% over 511 days. With all targets up to TP4 (5619.40) successfully achieved, the trailing stop is currently at 11,790 to protect and safeguard our profits. This trailing stop will ensure that gains are locked in if the price pulls back to this level.
Target Points Achieved:
TP 1: 3686.05
TP 2: 4386.35
TP 3: 5086.65
TP 4: 5619.40
Trailing Stop: 11,790
Stop Loss (SL): 2903.15
We’ll continue to hold the position as the price trends upward, while the trailing stop secures our profits.
This massive positional trade demonstrates the strength of the Risological swing trading indicator.
Another killer trade caught!
{ DIXON } : {ONE LAST BUY FOR THE TREND!!! 1:5}
Price has confirmed an Uptrnd by violating a Potential Supply formed in 4H chart, then formed this Fresh Demand Zone.
Which defines the Reward to Risk Ratio of 5:1, till Price reaches the Fresh Quarterly Supply, Price shoould STRONGLY DECLINE after the Target of BUY Trade is achieved.
CHEERRRRRSSSSS!!!!! ENJOY THE RIDE !!!
Dixon in symmetrical triangleFrom 19th October the stock has been consolidating in a symmetrical triangle pattern.
It is near its support.
Wait for the confirmation before entering inro the stock.
Nearly 3 months of consolidation has been there.
Once the stock price leaves the consolidation phase it can give a good moment either side.
DIXON Daily Time Frame AnalysisDIXON Daily Time Frame Analysis
SO given a good breakout with a good volume
- If it continues it rally we can see 5500-5800-6000 within next few sessions
- But may consolidate it is good as long as it is above 5000
-Green Candle are Resistance
-Yellow are support
Let's see where it goes
*Just m views not an investment advice*