DIXON 1 Day Time Frame 📊 Current Price Snapshot (Daily)
Latest traded price: ~₹10,300 – ₹10,460 approx on NSE/BSE (mid-day range).
Today’s price range: ₹9,835 (low) – ₹10,843 (high).
52-week range: ₹9,835 – ₹18,471.
Bias: The stock remains below key short-term averages (e.g., 20/50/100-day EMAs), indicating a bearish daily trend until price successfully closes above resistance levels.
📈 Daily Pivot & Technical Levels (1-Day Time Frame)
🔹 Pivot Point (Daily Centre)
• Pivot: ~₹10,276 – ₹10,496 (central reference for today’s bias)
🚧 Resistance Levels (Upside)
1. R1: ~₹10,496 – ₹10,500 (1st resistance zone)
2. R2: ~₹10,656 – ₹10,660 (daily push-back region)
3. R3: ~₹10,876 – ₹10,880 (higher barrier)
👉 A sustained daily close above ~₹10,500–₹10,650 is needed to reduce near-term bearish momentum.
📉 Support Levels (Downside)
1. S1: ~₹10,116 – ₹10,120 (initial support)
2. S2: ~₹9,896 – ₹9,900 (secondary cushion)
3. S3: ~₹9,736 – ₹9,740 (deeper support)
👉 Breach of ₹9,900 and then ₹9,740 could expand downside risk on the daily chart.
💡 Quick Trading Reference — Today
Bullish bias resume only if price closes above:
✔️ ₹10,500 (initial breakout)
✔️ ₹10,650+ (confirmation of relief rally)
Bearish pressure sustained while below these:
⏬ ₹10,116 → first downside target
⏬ ₹9,896 – ₹9,740 → strong support zones
