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maneeshaggarwal
May 2, 2022 5:15 PM

Dixon : A Bearish view Short

DIXON TECHNOLOGIESNSE

Description

Head n Shoulder Pattern is formed and it is very result oriented. If price start trading below 3900 then a clear breakdown will be seen. It will start below 3900 with stop loss of 4700 (or 4500) with a target of 1700 nearly.

this analysis fails if price crosses above 4700. then this pattern will fail and an upside with very high target will appear.

Before taking any trade consult your equity advisor for risk management. I am just putting my view over this stock.

Trade active

breakdown has started. watch the pattern's authenticity.

Trade active

It will hit the target very fast
Comments
afsasha17
sir can buy in this pirce short term
shahvicky94
i shorted again at 3900
should I hold shorts ?
maneeshaggarwal
@shahvicky94, when did you short it
shahvicky94
yesterday
maneeshaggarwal
@shahvicky94, exit if it closes above 4250, other wise in profit put trailing stop loss
crudetrader1994
thank you
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