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
DIXON trade ideas
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.
Dixon Technologies Stock analysisThis Dixon Technologies Chart look good from here
Price now @ their support zone....
Price try to form Morning star pattern also.
Note - This is my personal analysis / View
dixon 1dtfLook Like a perfect downtrend opportunity as moves toward the target of 3820 as a close below it moves toward the target of 3450
Dixon making head and shoulderDixon has made head and shoulder pattern on daily charts. It's a bearish head and shoulder and stock can correct upto 8 to 10%. Refer the chart for downside target.
DIXONDixon Technologies on 15 min Time Frame, so keep a Track on it.
NSE:DIXON
{For Educational purpose only}
DIXONNSE:DIXON
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
DIXON Technology | Possible Reversal CandidatePrice Action:
Trendline Support
Technical Indicator:
Weekly RSI Taking Support at 40
Monthly RSI Taking Support at 60
Pattern:
Looks Like W Pattern
Volume:
Decent Volume in todays candle
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 Tech_Triangle breakout _ squeezingDixon Tech_Triangle breakout _ squeezing
In dixon tech, on Daily time frame breakout is expected as it has been under squeeze and may give breakout from triangle formation.
DIXONDIXON - Watch out the pattern formations here.
Box breakouts & J-hook setups.
These set ups have added to the stock strength.
dixonNSE:DIXON
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Dixon Technologies Continuously moving upwards in a channel and currently is on ema20 support any green candle with nice volume good market sentiment could be a good entry, however if seek support 4845 and 4735 will be immediate and strong support, and anytime breaks channel created with green trendline can result in quick rally and new levels.
