DIXON 1 Day View

89
📌 Recent Price & Context

Last price around ₹ 14,554–₹ 14,570.

52‑week range: low ~ ₹12,202 and high ~ ₹19,149.

Recent technicals (RSI, MACD, etc.) suggest weak momentum / a “sell” bias on daily chart.

⚠️ What the Technicals Indicate Now

With daily RSI & MACD negative/weak — momentum is bearish right now.

Price is near lower part of pivot‑derived zone — meaning downside risk exists if supports fail.

For bulls to regain control, breaking above ~ ₹14,400–14,500 (R1–R2) would be an encouraging sign — could pave way to medium‑term levels.

If support at ~ ₹14,115–14,020 breaks, the next major support would be around the lower zone / 52‑week low vicinity (but that’s a bigger move).

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