#DIXONWhy would you like to lose the points you have earned.
Exit on time with right tools and knowledge than to repent.
DIXON trade ideas
Dixon Tech Reay for next up-moveSimple consolidation after bull run.
Now next upmove will begin
Below are the observations that increase probability of breakout
Double Bottom on 3rd touch
3rd touch on weekly trend line
Flag & pole
[ INTRADAY ] DIXON LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Breakout With Good Volume Long on Dixon Technologies
Short Term Target - 4923
Long Term Target - 5153,5295
Dixon Cup with Handle formation (Long Setup)NSE:DIXON
Aggressive entry above 4011 on Hourly closing basis
Breakout entry of Cup with handle above 4320
Stop Loss at below 3750 on daily closing basis
Short-term target 4400,4800++
Nice formation of Cup with Handle Pattern
Looks Promising as correction came with low volume
One of the Strong Candidate among sector
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Watch Dixon Technologies Watch Dixon Technologies it has given a breakout and retested it
I am expecting a gap up opening
Dixon moving into bullish trendBreakout seen
OI & price changes are bullish
RSI also uptrend
NiftyIT sector also showing positive trend
dixontechnologies breaking out of a consolidationstock 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.
Lifetime Resistance Breakout Positional and Investment Pick !!
Excellent Fundamentals and very strong Business
DIXONNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Dixon - Tested the long term resistance and established a supporGo long. Very lucarative for long term. min 15 % CAGR.
Dixon - Go Long=> 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, Trading involves Substantial risk of loss, pls consult your financial advisor before investing.
#Dixon #Stockmarket
DIXON - Bullish BreakoutThe stock has shot out of the pattern with very high volumes.
It is a long candidate considering the setup and technicals. If it sustains levels of 4360, the likely targets are 4635 and 5020.
Be aware that the stock can face resistance around 4460.
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DIXON- SWING TRADERS - An OPPORTUNITY SpottedQUICK FUNDAMENTALS : Dixon Tech Q1 results: Consolidated PAT jumps 1,035% to Rs 18 cr, but misses estimates
The contract manufacturer reported a 261 per cent year-on-year rise in consolidated revenues to Rs 1,867 crore for the reported quarter.
The stock is in a good BUY Zone now. Watch out for the current level and grab it if the stock starts moving. It should be able to reach 5000 very quickly
PLAN YOUR STOP LOSS accordingly
CHART STUDY, NOT A CALL
Note: I have taken a small quantity at 4255
Strong Bullish Rectangle Pattern Breakout in DixonA very strong Bullish Rectangle Pattern formed in Dixon.
A bullish rectangle pattern forms when a share that is in uptrend, pauses its trend and goes on a consolidation zone for sometime and then breaks out again to continue the uptrend.
You can see the chart was in uptrend for a long time and then it has entered into a consolidation zone between 3,480 and 4,760. Now 4,760 is broken with a good volume confirming the pattern.
Share might retrace to retest the 4,670 level and then resume its uptrend.
This post is for education purpose only, please do your own analysis before taking any positions.
dixonnice flag pattern good volume expansion during break out.
weekly chart is on positive side and china crisis favours this stock
