Dixon Tech - Ascending triangle patternCheck the chart for Trade confirmations and target.
Happy trading/investing
Dixontech
DIXONPlay Long Side on DIXON Tech.
Volumes, RSI, Todays Movement, EMA, Rounding Bottom Breakout etc. are showing upward movement.
Targets are mentioned in chart
Dixon TechStrong contender of Digital era
Technically you can add above 4350 day closing
Tgts 4800 5500 6200++
Sl 3750
Time frame - 2-3 years
DIXON | Keep Following this channel | SWING ANALYSISPersonally following this channel from long time.. It had give me good RR ratio for swing trade.
All level are mentioned on chart.
DIXONNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Dixon - Possible Cup & Handle*Personal Views only*
There is a possibility of cup & handle pattern breakout.
Accumulate near 3700-3850.
Target : 5000 in 2 months.
dixon technologies short now?it has completed bullish BAT harmonic pattern and fell exactly from potential reversal zone. Now we can eye on 50% retracement with the help of fibonacci graph and we can expect the stock to bounce off 3834 levels approx.
On the other hand at reversal zone stock may continue consolidation, so it may be in range 4283-4100 it will fall only when consolidation is broken and also while in consolidation it may make new highs without falling till 50% fibonacci levels so just wait and watch price action.
DIXON Technologies daily chartDIXON took good support over the lower TL of the channel. Looks good for a target till the upper TL and SL below the TL on clb. Trade as per your risk.
Dixon Technologies (India) LtdDixon Technologies (India) Ltd
@3780
and @3700 is a powerful buying zone
DIXON TECHNOLOGIESDIXON has run up from 2990 to 6666 i.e. 123% in merely 4 months.
So there is no denial in the power this stock has to run further. Targets and time frame cannot be predetermined so the best thing to do in such a situation is buy in SIP and always ride the stock with a trailing Stop Loss.
I see a buying opportunity between 6150 and 6300. However if the price breaks the channel on the downside then be cautious to see if it takes support near the next support dotted line.
The RSI is also presently in the overbought zone.
Last Mile RunDixon looks set on last mile run for 6950-7050. 6235 is the SL to go long. I expect a big correction from 7000-7100 zone.
DIXON : Contract Manufacturing benefit ?It has took support exactly at center line of pitchfork and then bounced. Expect recovery till 3750-3800.
