Dixon Technologies Anticipating a breakout here. Breakout already done and retested in 15min TimeFrame
Good long above the given level for good intraday / Swing targets! Once cross 4462 level. Good 200 rs targets can be achieved in intraday!
You can buy under buying zone but with strict stop loss of Rs 4200 and can expect 5% upside from this zone. If stop loss hit then you can short after hitting stop loss it can go downside as per bearish flag.
FOCUS #DIXON_TECHNOGIES . We can consider this for short term or swing.Always try to manage your risks.
NSE: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...
DIXON TECHNOLOGIES made head and shoulder pattern in Daily time frame and also in hourly time frame.. Wait for Head and shoulder pattern breakout.. for short term trades Stoploss below 5389 Target 1 : 5845 Target 2 : 6045 Target 3 : 6195 for education purpose only...
DIXION is a very strong stock and has been in uptrend for a very long time. in the past it has broken the strong resistance 4800 and is now a support of the breakout, same might happen if the triple bottom bounces back to resistance (5529) and give a breakout to create a new support. till then we have to wait and watch. good to buy at support
Triangle breakout and bullish MACD crossover in Dixon Technologies
Bullish shark pattern formation on smaller time frame levels confluence with levels of previous demand zone
stock is breaking out of a rectangular consolidation of near 5 months from a triangular/flag pattern bullish momentum and trend on all timeframes. stop loss for swing trades could be kept at breakout candle low.
Looks good for shortterm tgt of 3400 3500 3600 with Sl 3100 on closing basis Buy only when you are capable to take Sl.
=> In Daily time frame follows rising channel pattern => Increase in volume shows bulls are in control => Important resistance level broken, but looks weaker. So one can go long by crossing yesterday's high by keeping yesterday's candle low as stop loss. => Target should be the channel pattern upper trendline. Disclaimer => This is only for educational purpose,...
Dixon Technologies has completed the five wave impulsive structure and is currently in the wave C down, targets for which is 3260 where C is 1.618 times of A.
NSE: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)...
Bullish Flag pattern in Dixon Technologies Ltd. Good time to take long position for short term.
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.
Possibilities hereon: 1) Continuation of Stage 3 & then enter Stage 2. 2) If Weekly close below 30EMA then Stage 4 -Downtrend & then enter Stage 1 again. Let see how things unfold. Any other view, suggestions are welcome.