Dixon Technologies has seen a steep decline into a major higher‑timeframe controlling demand zone around 12,600–13,300, coinciding with an earlier accumulation base and strong historical reaction area. Price is attempting to stabilize after the panic move, and any sustained hold above this green demand band can trigger a relief rally toward the 14,800–15,800 supply and 50% retracement area, while a breakdown below the zone would indicate continuation of the broader downtrend.
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#DIXON #DixonTechnologies #IndianStocks #NSEStocks #ElectronicsManufacturing #StockMarketIndia #PriceActionTrading #TechnicalAnalysis #ChartAnalysis #DemandZone #SupportAndResistance #SwingTrading #PositionalTrading #TraderLife #TradingSetup
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