DIXON TECH - 6th June 2022Stock is holding onto Medium term Support Levels of 3600-3100
Value Buying Zone for Medium Term Investors
DIXON trade ideas
HEAD&SHOULDER IN DIXON TECHHEAD & SHOULDER PATTERN formation on weekly chart is there. Short below 3950 on sustained basis and look for 3800/3700 and 3500. Volumes are continuosly increasing on sell side so stock can move down to 3000 too in continuation bearish trend. Short trade invalid above 4050 on weekly closing basis.
Dixon : A Bearish viewHead n Shoulder Pattern is formed and it is very result oriented. If price start trading below 3900 then a clear breakdown will be seen. It will start below 3900 with stop loss of 4700 (or 4500) with a target of 1700 nearly.
this analysis fails if price crosses above 4700. then this pattern will fail and an upside with very high target will appear.
Before taking any trade consult your equity advisor for risk management. I am just putting my view over this stock.
Dixon 20% corrected from its high.Dixon tech is a hot stock in market...
I just gave me my one of the view. this chart im not convinced that the 4th wave has been over .
Dixon back to Long term SupportDixon back to long term channel support and could give reversal. Looking Gud for swing if it enters the channel
Head and Shoulders Pattern (trend reversal ) at DIXONBe Cautious #headandshoulders #pattern (trend reversal ) at #DIXON weekly chart.
Head and Shoulders Neckline Breakdown
**Note: - If Price Close Below 4070 On Weekly Chart Than Breakdown Confirm.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown
Head and Shoulders Neckline Breakdown
**Note: - If Price Close Below 4070 On Weekly Chart Than Breakdown Confirm.
DIxon - Micromax vs ED With Micromax having issues with the ED in India watch if Dixon becomes collateral damage.
The stock is below the 200EMA where anyways nothing good happens.
If you own the stock keep a SL around 4175.
IF you can find away to short it, it'll make for a great short below 4175. Stoploss 5% above the sell price.
Channel Pattern DIXONWatchout for channel pattern, If you like my Idea; Kindly give a thumps up to this post
dixonchannelpattern ..................................................................................
It a retest and continue Wave Break out and re-test, also taking support at 200ema should consider for buying
Dixon @ 4417 will be kicked on to 4100 levelsDixon has turn bearish from its Key resistance zone of 4650 - 4700 level, open interest setup is bearish now
DIXONStock has been in accumulation phase. Bouncing back from its support levels every time. Buy above 4390, TGT 4800, 5000+, SL 3950. For educational purpose only. Kindly contact your financial advisor before entering any trade.
DIXONbased on past 1 yr analysis, dixon may try to bounce for small bull. if it is able to break successfully then we may trail and increase position aacordingly
Dixon positional View!!DIXON : cmp : 4434.15
A White marubozu and bullish engulfing kind of pattern has been formed in daily and weekly chart respectively .
Good base /support zone : 3975 - 4050
So downside limited.
Closing above previous high.
RSI & MFI trending up from lower level.
Good risk reward.
Accumulation Zone : 4200 - 4460
Profit booking Zone may be : 4960 - 5546
Sl 3975 /According to your risk appetite.
Positional Target nay be 6000 - 6660
March Future can be look after for 5200+
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
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Dixon : A Bearish viewA clear breakdown is just happened below 5100 sl 5300 tgt 3700-3675.
Pennants, which are similar to flags in terms of structure, have converging trend lines during their consolidation period and last from one to three weeks. The volume at each period of the pennant is also important. The initial move must be met with large volume while the pennant should have weakening volume, followed by a large increase in volume during the breakout/breakdown.
Dixon, Intraday & Swing | Enter Long only above 4463Good long above the given level for good intraday / Swing targets! Once cross 4462 level.
Good 200 rs targets can be achieved in intraday!
Expecting Dixon to move upside from this point.Expecting Dixon to move upside from this point as it has broken the resistance.
Dixon Tech coming in buying zoneYou 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.
