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
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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...
Stock took rejection from Fibonacci 38.2% and 78.6% levels (highlighted separately in chart)
Volumes on the rise
Broken resistance TL and made new ATH
Buy above resistance zone (4480 levels)
INTRADAY - 4550, 4600
SWING - 4750, 4900 and 5000