DIXON LONG 11100Dixon Broken Weekly Supply 12900 Dixon Broken Demand 12545 Next Level Dixon Daily Demand 11100 Dixon weekly Demand 11475 Dixon SL 10650 -Daily Closing Basis Dixon Long at 11475 & 11100 Longby pradyammm0
DIXON TECHNO (INDIA) LTDSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh3
LONG WORTHY RETEST FOR DIXON TECH?this is going to be once in a lifetime retest for a massive stock swing.Longby TheSnop4
Dixon Tech LongWeekly BUFL 12700 Daily Demand 12788 Price already created DMIP suggest to Long at retest level 12700 SL is300 Points Target 15200 RR 1: 10 Longby pradyammm0
New high for Dixon?A stock giving break out after consolidating from a good uptrend. Its made double-bottom with ADX indicating good potential strength for uptrend. A good momentum buy Entry at current levels SL below 12900 Target 14200/14800Longby shivanimotipara5
Review and plan for 26th August 2024Nifty future and banknifty future analysis and intraday plan in kannada. Positional idea- included. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMTLong07:10by vinaysh2
Breakout and good bullish candleBreakout and good bullish candle also expecting upside move.Longby Marlack18117
DIXON Weekly LONG for InvestementPrice made a new high & also its an authentic level. Hence not clubbed with lower level.Longby uspostal1
Dixon Technology downside target 11000 Dixon Technology will see pressure in the short term, the stock is looking weak on the monthly chart, the effect of which is also visible on the weekly chart, the stock has definitely shown a rise in the last one or two sessions but it is unlikely to change the trend. will not prove successful.Shortby Sudhir-Sirohi2
DIXON FOR LONG TERM INVESTMENT IDEAFalling Trend Line Breakout Stock shows the Bullish moment on (WEEKLY) Double bottom chart pattern on the (WEEK) that indicates a Bullish moment will continue till the 5000 level if the stock sustains above 4500 it can go further more. Technicals —RSI 74 (WEEKLY) —ABOVE 20 MONTH EMA —VOLUME ABOVE 20 MA educational purpose only!✨ Do your research before making any investment🥂Longby SHEHBAZ_KHANUpdated 20
Downside move ExpectedRetest pending and Stock is moving on News as of now. Shortby The2PercentTraderUpdated 5
Dixon Technologies Share Price Movements with Wave TheorySynopsis of Dixon Technologies Share Price Movements with Wave Theory Correlation The share price of Dixon Technologies has demonstrated significant fluctuations and growth over the past few years, aligning with the principles of Elliott Wave Theory. This theory suggests that market prices move in predictable wave patterns, typically consisting of five major waves followed by three corrective waves. Miner Waves Analysis Wave 1: Date: February 2020, Price: ₹919.45 Description : This initial upward movement marks the beginning of the bullish trend. Wave 2: Date: March 2020, Price: ₹678.25 Description : A correction phase that follows the first wave, typically retracing a portion of Wave 1's gains. Wave 3: Date: March 2021, Price: ₹4267.25 Description : Often the strongest and longest wave in the Elliott Wave sequence, Wave 3 represents a significant upward move. Wave 4: Date: August 2021, Price: ₹4046.25 Description : Another corrective phase, Wave 4, generally retraces less than Wave 2. The target for Wave 4 typically aims to correct 38.2% to 50% of Wave 3, which aligns with the observed price movement. Wave 5: Date: October 2021, Price: ₹5112.05 Description : The final wave in the primary bullish trend, Wave 5, usually completes the uptrend before a larger corrective phase begins. Intermediate Waves Analysis Intermediate Wave (1): Date: October 2021, Price: ₹5112.05 Description : This wave mirrors the final leg of the miner waves, marking the beginning of a new, larger wave cycle. Intermediate Wave (2): Date: January 2023, Price: ₹2553 Description: A substantial correction that aligns with the typical Wave 2 pattern, correcting a significant portion of Wave (1). Intermediate Wave (3): Date: July 2024, Price: ₹12879 Description : Following the principles of Elliott Wave Theory, Wave (3) in the intermediate cycle is expected to be the most powerful, reflecting a strong upward movement. Intermediate Wave (4) Target: Target Price: ₹8900-₹9000 Description : Based on Elliott Wave Theory, Intermediate Wave (4) is projected to correct approximately 38.2% of Wave (3), targeting a price range of ₹8900-₹9000. Conclusion The share price movements of Dixon Technologies from February 2020 to July 2024 align well with Elliott Wave Theory. The price started at ₹919.45 and went through a series of upward and corrective waves, reflecting typical wave patterns. The miner waves demonstrated an initial uptrend followed by corrections, culminating in a peak at ₹5112.05. Subsequently, the intermediate waves exhibited a similar pattern, with a substantial correction followed by a strong upward wave, reaching ₹12879 in July 2024. The target for Intermediate Wave (4) is projected to be in the range of ₹8900-₹9000, based on a 38.2% retracement of Wave (3). This analysis confirms the applicability of wave theory to Dixon Technologies' share price movements, indicating predictable patterns in market behavior. Disclaimer It's important to note that investing in shares involves risks, and past performance is not indicative of future results. The information provided here is based on technical analysis and Elliott Wave Theory, which are tools used to analyze market trends but do not guarantee future outcomes. Investors should conduct their own research or consult with a financial advisor before making investment decisions.by imkhushal1
Flag & Pole Pattern In DixonDixon Tech is ready to resume its uptrend. Flag and Pole pattern formation is visible on the chart. It's a trend continuation pattern. Levels are marked on the chart. Longby Shorabh_JainUpdated 17
Dixon Technologies (India) LtdKeep it on your radar. A correction on way after a huge rally RSI & MACD are in over brought zone possible we could see some selling pressure as PE IS 188 Stock is trading at 40.7 times its book value Note*- Based on personal opinions/observations. Please do your own research/analysis before making any trading/investing decisions. I am not a sebi registered investment advisorShortby shah75753
Dixon - Promising outlook Keep it on your radar. A huge rally possible in a year! Note*- Based on personal opinions/observations. Please do your own research/analysis before making any trading/investing decisions. I am not a sebi registered investment advisor Longby johnymammoottilUpdated 4
sell at zone ~ intradayexpecting small fall from the zone . look for confirmation inside zone in smaller tf. - good for intraday trade - entry is strictly inside the zone - SL is day close above zone - for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers). - don't trade , if u didn't get selling confirmation inside zone - if day close is above this zone , this pattern becomes invalid , ignore this pickShortby rajeevmmails1
RSI Divergence There has been a strong Bearish RSI divergence in stock for so long that let's see how it takes stock to correct from here.by TarunShandilRAUpdated 0
DIXON In Bullish Mode !!I really love this stock, it is looking super bullish this time, it has given a fresh breakout of triangle pattern and also above the 60SMA, RSI is too supporting strongly which is at perfect place above 64 !!Longby ssood42504
DIXION Break outNSE:DIXON Long time RS positive stock. retesting the 8200 levels after breaking out. Heading towards all time high. Longby Shishirakram0
Review and plan for 16th May 2024Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT12:24by vinayshUpdated 0
DIXONthis stock breakout ATH level and retest that level TGT will be 1:4 Risk reward and this is just for Educational purpose onlyLongby Tradestratzy3
Dixon Breakout happend in dixon tech. With rising 50,150 and 200 day moving averages and relative strength indicator is also showing strength . Keep your risk and reward ratio according to your own preferances. This is for educational purpose do your own research before investing. Longby HV0906042
Dixon A Very Lucrative Long At CMP Dixon looks very attractive long. Confluence of multiple parameters. 1. Took support at previous resistance level. 2. Horizontal line Breakout ahead. 3. Trendline Breakout ahead. 4. Hammer at 61.8% fib level. 5. Earning gap indicates the urgency of buyers. i'd play this in options with 7000ce for feb month as hero zero trade. Longby AG_StocksUpdated 113