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varadtambolkar

Dixon Tech Reay for next up-move

Long
DIXON TECHNOLOGIES (NSE:DIXON)  
varadtambolkar Updated   
NSE:DIXON   DIXON TECHNOLOGIES
Trend Analysis Beyond Technical Analysis priceaction
2
2
trendanalysis beyondta priceaction
Simple consolidation after bull run.
Now next upmove will begin
Below are the observations that increase probability of breakout

Double Bottom on 3rd touch

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3rd touch on weekly trend line

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Flag & pole

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Comment:
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Dixon tech . Down move with volumes and structural breakdown. Today made a new swing High. Volumes increasing. Most probably weak hands were thrown out. Head and shoulder pattern invalidated today. Over-all can give a big breakout.
Trade closed: target reached:
Time to money home
30% move complete

Those who want to trail can hold partial qty with 4720 as SL
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