TradeWithChannels

Dixon Technologie

TradeWithChannels Updated   
NSE:DIXON   DIXON TECHNOLOGIES
Emkay Global has buy rating on this stock with a target of 8663.
Trendlines show that recommendation is a risky proposition. People looking to buy should wait till trend line.
Comment:
Prices have bounced off the mid-line. Please avoid fresh longs. This is profit booking period. Break below any day's low might lead to a sell-off
Comment:
Many stops might have accumulated below 7740
Comment:
Interacting with the midline. Can go into a trading range. 7080-8210

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