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Dixontechno

Bullish Setup or Rejection?Dixon Technologies (NSE: DIXON) 📅 Date: June 10, 2025 🕒 Timeframe: 15-Minute Chart Bullish Setup or Rejection? ________________________________________ 🔍 Chart Overview The 15-minute chart of Dixon Technologies shows a clear short-term uptrend after a pullback from the recent swing high of ₹15,070. The stock is approaching a clustered resistance zone, while buyers appear active around dynamic supports, supported by healthy volume activity. ________________________________________ 🧭 Price Action • Price made a higher high at ₹15,070 followed by a retracement to ₹14,611, establishing it as a critical swing low. • A structured bounce from ₹14,611 towards ₹14,975 indicates renewed bullish interest, but the price is now hovering just below a strong confluence of resistances. • Recent candles show wicks on top, suggesting supply pressure near ₹14,950–₹15,000. ________________________________________ 📐 Chart Patterns & Structure • A higher low has been established at ₹14,817, providing immediate support. • The broad structure hints at a potential symmetrical triangle breakout, but confirmation is awaited. ________________________________________ 📊 Volume Analysis • Volume spikes were seen during the breakout from the lower support zone near ₹14,381–₹14,451. • Current volume is slightly above average, suggesting accumulation, not distribution. • The blue volume MA line is flattening — indicating a potential pause or consolidation before the next leg. ________________________________________ 🧱 Support & Resistance Levels 🔻 Resistance Zones • ₹15,145 – Resistance 3: Major rejection zone • ₹15,070 – Historical swing high: Key psychological level • ₹15,060 – Resistance 2: Cluster near supply zone • ₹14,987 – Resistance 1: Immediate intraday resistance ________________________________________ 🔺 Support Zones • ₹14,829 – Support 1: Near higher low • ₹14,744 – Support 2: Minor structural support • ₹14,671 – Support 3: Important level to monitor • ₹14,684 – ₹14,663 – Possible Demand Zone (Stop Loss: ₹14,639) • ₹14,451 – ₹14,381 – Strong Demand Zone (Stop Loss: ₹14,357); respected earlier with volume confirmation ________________________________________ 📘 Educational Breakdown • Demand Zone Clarity: The green shaded regions are institutional demand pockets, where price has historically reversed. These zones are ideal for low-risk, high-reward trades. • Risk Management Tip: Always combine zone confirmation with volume and price action (like bullish engulfing or pin bars) before executing trades. • Confluence Concept: The ₹14,817–₹14,829 region is aligned with previous structure, EMA zones (if used), and trendline support — this adds confluence strength. ________________________________________ 📌 How to Trade Dixon Tech (NSE: DIXON) ⚠️ This is an educational analysis, not investment advice. For Bullish Scenario: • Watch for a strong bullish candle breakout above ₹14,975 with volume. • Immediate targets: ₹14,987 → ₹15,060 → ₹15,145. • Consider demand zone entries at ₹14,684 or ₹14,451 on retracements with strict stop losses. For Bearish Scenario: • Breakdown below ₹14,817 may invite selling pressure. • Targets: ₹14,744 → ₹14,671 → ₹14,451. • Shorting near ₹15,070 with bearish confirmation may offer low-risk entries. ________________________________________ ✅ Conclusion Dixon Tech is approaching a critical decision zone. If bulls manage to break through ₹15,070 with momentum, we could see a fresh leg toward ₹15,145+. However, failure to hold ₹14,817 might tilt sentiment short-term bearish. Traders should focus on volume-backed levels and react based on confirmation, not anticipation. ________________________________________ 📢 Disclaimer This content is for educational and informational purposes only. It is not investment advice or a recommendation to buy or sell. Trading involves risks. Consult a SEBI-registered advisor before trading. The author is not SEBI-registered and holds no responsibility for financial loss. Always do your own analysis and manage risk. 💬 Feel free to leave your thoughts or alternative levels in the comments below. Let’s learn together as a community! 🧠 Trade Smart. Trade Patiently. Trade with Confidence. 🔔 Follow simpletradewithpatience for more actionable setups and market insights!
NSE:DIXON
by simpletradewithpatience
1
Dixon Tech either buy or wait to buy?? Dixon is trading in a parallel channel for a while and now it is holding on to the higher levels. The company is a EMS (Electronic Manufacturing Services) and provides them to the listed companies. On the monthly charts, the stock has been travelling and given 150% returns in the current year. Much of the movement is given this year and still the targets of 20k is being recommended by some rating services company. As for now the stock is holding on to the higher levels and creating a Flag and pole pattern. 400 points range the stock is consolidating and the bullish flag break out can take the stock to the higher levels. A low volume accumulation in happening in the stock and the target levels of around 17800 can be seen in the coming weeks. Targets :- 16700, 17700 Wait for the price action around the break out level and enter as per the setup.
NSE:DIXON
by TheMamboMomentum
1
Decode Dixon Technologies: The Breakout Opportunity📊 Understanding Breakouts and Patterns Breakout: A breakout occurs when the price of a stock moves beyond a key support or resistance level, indicating a potential shift in trend. Inverse Head and Shoulder: A reversal pattern where the price forms three troughs, with the middle trough (head) lower than the other two (shoulders). It signals a potential bullish reversal. 🚀 Key Breakout in Dixon Technologies 🚀 Dixon Technologies is showing an exciting breakout in the daily time frame. When we analyse the weekly chart, we can identify a pattern resembling an inverse head and shoulders. However, it's important to note that this pattern exhibits characteristics of a head and shoulders pattern due to the notably smaller right shoulder compared to the left. 📊 Volume Confirmation The confirmation of a breakout is often supported by volume analysis. In both the daily and weekly charts, we observe strong bullish volume, indicating heightened buying interest. On the daily chart, the Wave Volume Divergence indicator reveals a significant accumulation of bull volume, strengthening the validity of the breakout signal. 📈 Price Levels and Entry Strategy Currently, Dixon Technologies is trading around 4840, while the previous resistance was at 4819. To plan a trade, we must wait for the breakout to sustain above the 4820 level. It's wise to allow time for confirmation, as multiple rejections have occurred at this level in the past. We can consider initiating a buy position if the breakout maintains its strength before the market closes, ideally within the last 5 minutes of trading. 📊 Resistance and Upside Potential The next resistance zone to watch is near the 5275 level. If the breakout proves its strength, Dixon Technologies could experience further upward movement. This resistance zone marks a critical level where price has often encountered resistance, so careful monitoring is essential. 📚 Educational and Precautionary Note Remember that this analysis is for educational purposes only and does not constitute financial advice. Always do your research and consider consulting a registered analyst before making trading decisions. 👍 Engage and Share If you find this analysis helpful, give it a thumbs up! Share your observations in the comments section. Your feedback is invaluable in shaping future analyses. Thank You for Your Support Your likes, follows, and comments inspire me to continue providing valuable insights. Let's keep growing and learning together. Connect for More For more trade setups and analysis, follow me on TradingView: in.tradingview.com 🌟 "Embrace uncertainty and let knowledge be your guide in the ever-changing world of trading." 🌟
NSE:DIXONLong
by AfnanTAjuddin
6
Dixon Technologies Support levelNSE:DIXON Dixon Technologies stock at harmonic support if find reversal one can go long as per their trade setup with proper stop loss. Pattern stop loss is quite big so manage risk and sizing accordingly. Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:DIXONLong
by linesandlevels
Simple Trade Setup | DIXON | 08-09-2021NSE:DIXON Observations: 1)On daily time frame, previously it has taken good support from 21DMA and now today,07-09-2021, it just closed below 50DMA with good bullish candle. Please refer below chart : Daily time frame. Today volume also increased compare to yesterday and it was above "21Volume Moving Averange (21VMA)". Please refer below image. 2) Also on 1hr time frame it made rounding bottom pattern along with double bottom. Please refer below chart : 1hr time frame. 3) On Daily time frame it has made V bottom pattern. And in last 4 days it breakout the neck line of it and it tested today from 4200 level and gave good upmove. Now next neckline/resitance to watch is 4350. Any sustainable breakout of 4350 level will give good upmove. Please refer below chart : daily frame. ------------------------------------- Trade Setup for Date 08-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:DIXON
by Trading_hawk
12