Dixontech
Dixon | Flag & Pole Pattern Spotted | Buy Trade Setup . As you can Already see in Chart Dixon is Facing Major Resistance At 4650ish Level.
Whenever Market Came to that level seller push the price downward.
Now, Buyers are little more aggressive than before and Price broke out from Flag & Pole Pattern with Volume . Which Gives us enough information to go long in this Stock till 4650 for safe Traders and investors .
But if you want big Move wait for the Price to close above 4650 and you can see the MAGIC Afterwards and currently looking at the Market, I'll Say that it will breakout from that Level.
Till then wait and let see how this Stock plays Out .
NSE:DIXON
Disclaimer-: View is just for Educational purpose only.
Consult your financial advisor before taking any financial Decision.
Dixon TechWave 3 is extending & RSI has started to make divergence & wih daily RSI around 90 we can expect pullback in Wave 4 but this stock looks a good stock for portfolio.
We am not a SEBI Registered Analyst WE are not responsible for any profit or loss pleases consult your RA before taking any Position.
Chart Shared for education purpose only.
DIXON TECHTIME FRAME:1 HOUR
I will wait for opening tomorrow If I see market will retest on the support on the chart will Enter for a SL of 20-30 points as per my setup. It will also be better to enter using smaller time frame on support if any pattern or Japanese bullish candlestick is represented. The more you buy on support the better it is to place SL as this game is all about probability so let us play it well.
DIXONDIXON :- Dixon technologies stock is making inverted head and shoulder pattern on weekly chart. Closing above 4600 , can be taken as a good opportunity for taking long side trade .
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning
Dixon Technologies - Keep an Eye 📊 Script: DIXON (DIXON TECHNOLOGIES (INDIA) LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500, NIFTY INDIA CONSUMPTION, NIFTY MIDCAP
📊 Sector: Consumer Durables
📊 Industry: Consumer Electronics
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
📈 Script is moving towards resistance level which is around 4659 if script is breaking its resistance level it may go up.
📈 Current RSI is around 77.
📈 One can go for Swing Trade for around 120 points.
⏱️ C.M.P 📑💰- 4540
🟢 Target 🎯🏆 - 4659
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
DIXON On Verge of BreakoutDIXON (NSE) Cash Segment is trading up 2.32% Today on 17th August 2022. Is on the verge of breakout Above 4020 (CMP 4002), We Would like to Buy the Stock in the Cash Segment Above 4025 With the Stoploss Placed below 3945 and Eyeing for the Targets of 4225/ 4425 in the Next 2-3 Trading session. Expecting Good Momentum in the Stock.






















