Ck_Trader007

Dixon Bullish, reversing to the mean line in the channel.

Long
NSE:DIXON   DIXON TECHNOLOGIES
Dixon has taken support around the baseline of a long term channel.
MACD has already indicated a reversal and the price is headed to the meanline which is atleast 5000.
Target- 5000
SL- 3900.

The view is supported by observation of move on Q4FY21 results day. This exhibited Long-Building behaviour on that day and since then maintaining uptrend.

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