DIXON TECHNOLOGY channel break for next big moveNSE:DIXON seems ready for next big move as on weekly scale it has completed it's wedge pattern and already breakout happened for 40% now second entry comes now as it has now given breakout from channel (better visible on daily time frame).
Next, at least 40%, move is quite clear.
Note: Government ban over import of related goods could possible accelerate it.
Disclaimer: My ideas are not for recommendation purpose. Just sharing ideas with community.
Bigvolume
M_M | Accumulation Then Biggest Breakout with volume Ever !!!!✈✈Positional Trading opportunity ! Weekly Chart Alert !
NSE:M_M
Technical Reasons to trade :- 🧢
1> Big breakout
2> Huge volume ever M_M recieved
3> Accumulation for 17 weeks straight
4> Retracement areas are shown through arrow.
Some fundamental NEWS :- ⛳
1 )Mahindra & Mahindra Unit Set to Manufacture New Tractor Series for Domestic and Global Markets
2) Mahindra & Mahindra UK Arm Acquires Three Companies
3) Bank Of Baroda Partners with Mahindra for Tractor Finance
--CMP =738
--Lot



