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PratikLodha

Dixon Cup with Handle formation (Long Setup)

Long
DIXON TECHNOLOGIES (NSE:DIXON)  
PratikLodha Updated   
NSE:DIXON   DIXON TECHNOLOGIES
Trend Analysis Chart Patterns DIXON dixontech NIFTY BANKNIFTY intraday swingtrade positional LONG shortterm
5
1
trendanalysis chartpattern dixon dixontech nifty banknifty intraday swingtrade positional long shortterm
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.
Comment:
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
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