Dixon TechnologiesPrice under extreme consolidation. Waiting for RSI to cross 60 to initiate Long. This is for education idea and not a trading advice. Consult your financial advisor to take a position.
DIXON trade ideas
{ 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 Tech - Technical bounceDixon Tech - Technical bounce -
Showing technical bounce. Once can wait for 0.5 / 0.6 retracement level for shorting
or
break of recent low 2900 approx.
Stock is in bearish zone.
PS : This is not a recommendation or advisory. Please consult your financial advisor before taking position.
DIXON - Weekly AnalysisIn the Weekly Chart of DIXON ,
we can see that, Fibonacci has been applied here.
It did a Good Consolidation of 4 Weeks at 60% retest level and now it has shown a great up move.
let it retest next week and and enter with Target and SL.
Go Long for DIXON.
Dixon Tech The company has 18 Manufacturing units spread across the nation and they offer complete solutions to its customers from the Manufacturing and designing to assembly and delivery support across all the verticals.
In FY22, the Co. has incurred a capex of Rs. 417 Crore. It believes that the annual business capex will likely continue to be in the vicinity of Rs. 300 to Rs. 320 Crore for FY 22-23 relating to expansion of capacities across existing verticals & diversifying into new verticals linked to the core of electronics; backward integration, PLI related capex & development of state of art infrastructure.
The Co. received 5 approvals under the PLI scheme of GOI including that for manufacturing of Mobile, Telecom & Networking Products, IT Hardware, Air Conditioners and LED Lighting, which is likely to redefine its revenue model.
and RSI indicates the buy zone today and stock making amazing revenue and profit also and it is a fundamental strong company.
DIXON Buy Idea 22.01.2023NSE:DIXON is trading at demand price. My idea is to take entry at level of 3501 with stop loss of 3400 (-100 Points risk). My expected up side target will be 3760.00
Note: This is my personal analysis, only for learning. Thanks.
Dixon TechnologiesDixon Tech. forming Inverse H&S on daily time frame. RSI rising.
BO above 4668.
Safe Target: 5700
Possible Target: 6050
SL: Closing below 3950
DIXON SEll for intraday tradingDIXON SEll for intraday trading if stock break the given support level..........
DIXON TECHNOLOGIESDIXON TECHNOLOGIES
DIXON TECHNOLOGIES is forming a good pattern, there is a good accumulation happening at current levels.
DIXON TECHNOLOGIES is Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Electronic Technology
Industry: Electronic Production Equipment
Dixon Technologies: Soon to breakout!Dixon Technologies is a strong candidate for a potential breakout. Keep it on your radar. #dixon #breakoutstocks #bullish
Dixon Technologies - Keep an Eye 📊 Script: DIXON (DIXON TECHNOLOGIES (INDIA) LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500, NIFTY INDIA CONSUMPTION, NIFTY MIDCAP
📊 Sector: Consumer Durables
📊 Industry: Consumer Electronics
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
📈 Script is moving towards resistance level which is around 4659 if script is breaking its resistance level it may go up.
📈 Current RSI is around 77.
📈 One can go for Swing Trade for around 120 points.
⏱️ C.M.P 📑💰- 4540
🟢 Target 🎯🏆 - 4659
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Dixon showing a strong breakout Dixon has closed above its previous resistance with a good momentum it has given a fresh breakout above its 3941 level
BREAKOUT!!price>20ema,50ema,200ema
volume is good
dmi+ crossed dmi-
weekly macd histogram is +
daily macd histogram is +
A GOOD BUY use macd to carry the position
Dixon technologies My technical view on Dixon technologies for swing trading
Make your own analysis and and take trade according to your risk appetite
Dixon: Swing trading opportunityBuy if close above 4000 today, we can buy after 3:15PM
Target: 4160
exit if daily candle close below 4000 with volume
Dixon Short Setup.Dixon trading exactly at 50% retracement,
Good Sell below 3200
Targets are 2580, 1600 or more.
