Dixon is bouncing from support with good volume and momentum I will consider this stock to buy tomorrow if sustain at upper level bounce I will buy the stock. please check to the chart for more information.
Details in the chart itself.
Dixon 1 D time Frame Analysis *Not an investment advice Just my views*
DIXON:- 1. string line life time high breakout 2. primary trend support line reversal price movetum 3. rising wedge pattern fomed and breakout soon after u can expect the target level resistance
Dixon Technology has given a clear breakout from a bookish ascending triangle on the daily chart. It is important to notice how beautifully the stock has retested the supply zone or resistance multiple times and then given a clear breakout. When a stock tests a zone or level multiple times, the zone becomes weak and hence it is highly probable that it may give a...
My favorite DIXON creating cyclic pattern and new Target ~4800 in this month end. Expecting new all time price 4800 in the first week on August 2021.
long for targets 4875 and final 5140 stop loss of 4333
DIXON gave triangle pattern breakout and moving above the horizontal line. Expect bullish run some more days. GOOD NEWS and SENTIMENT in the Market Only for education purpose.
Dixon technologies looking good for upside. On 2 hour timeframe it has seen breaking out of triangle pattern. Retest done and formed a bullish candle on same timeframe. Looking good for targets 5000+ levels. Please note I’m not a registered analyst. Please analyse your self before investing.
Important Levels to Watch: Supports : 4374 and the whole flag trendlines good Buy above 4460 Targets: 4535 / 4643+ GOOD NEWS and SENTIMENT in the Market Disclaimer: we are not SEBI registered, this is only for education purpose so please take advise from your financial advisor, invest at your own risk.
- Daily Chart - Near ATH, poised for breakout - VCP Formation - Tightened towards right - volume spikes in last few days - Manage risk, use stop loss and position sizing
Dixon is breaking out of a Volatility Contraction Pattern formed over the last 50 trading sessions.
Check the chart for Trade confirmations and target. Happy trading/investing
#Dixon #Tringlepattern Triangle PATTERN BREAKOUT Happy LEARNING
Play Long Side on DIXON Tech. Volumes, RSI, Todays Movement, EMA, Rounding Bottom Breakout etc. are showing upward movement. Targets are mentioned in chart
Strong contender of Digital era Technically you can add above 4350 day closing Tgts 4800 5500 6200++ Sl 3750 Time frame - 2-3 years