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Dixon Technologies (India) Ltd.
Long
Updated

Dixon Cup with Handle formation (Long Setup)

405
DIXON

Aggressive entry above 4011 on Hourly closing basis
Breakout entry of Cup with handle above 4320
Stop Loss at below 3750 on daily closing basis
Short-term target 4400,4800++


  • Nice formation of Cup with Handle Pattern

  • Looks Promising as correction came with low volume

  • One of the Strong Candidate among sector




Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Note
on 04-06-2021 first target missed just by 5 points.. 4395 day high
Trade closed: target reached
Trade closed: target reached
todays high 5550
Trade_Secrets_By_Pratik
Also on:
BANKNIFTYChart PatternsDIXONdixontechintradayLONGNIFTYpositionalshorttermswingtradeTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BANKNIFTYChart PatternsDIXONdixontechintradayLONGNIFTYpositionalshorttermswingtradeTrend Analysis
Trade_Secrets_By_Pratik
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.