DIXON trade ideas
Dixon Technologies - Keep an Eye 📊 Script: DIXON (DIXON TECHNOLOGIES (INDIA) LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500, NIFTY INDIA CONSUMPTION, NIFTY MIDCAP
📊 Sector: Consumer Durables
📊 Industry: Consumer Electronics
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Volume is increasing along with price.
📈 Script is moving towards resistance level which is around 4659 if script is breaking its resistance level it may go up.
📈 Current RSI is around 77.
📈 One can go for Swing Trade for around 120 points.
⏱️ C.M.P 📑💰- 4540
🟢 Target 🎯🏆 - 4659
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
DIXON - Ichimoku Bullish Breakout Stock Name - Dixon Technologies
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 4380
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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