DIXON trade ideas
DIXON Technologies LongCup and Handle breakout as well as Trend line breakout
Show a good retest in the Cup and Handle area.
Also Government recent push in PLI (Production Linked Incentive Scheme) scheme in manufacturing sectors fueling the rally i guess,
Bullish flag--correction 16%
-- formed a bullish flag pattern
-- first target 4151
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
DIXONMid-term Investment Position: 17-08-2023
We are adding some quantities of this stock at the current level .
We are planning to invest in this stock with 8-10% capital. We are expecting 7-8% or more return in this stock.
Technical Reason: The Stock is trading above 50 & 200 EMA and has recently broken its crucial Resistance Zone in Daily TF. Also the Stock is trying to continue its up-side momentum by forming Inverse Head & Shoulder Pattern in Weekly TF. Recently, trading volume appears to be increasing in the stock.
The Fundamentals of the company is also satisfactory. The company has efficiently utilized their working capital. The Indian government imposed a restriction on import of laptops, tablets and personal computers, with immediate effect. This company can get benefit on this policy We will maintain our Stop-Loss around 4500 levels. We might exit if it breaks this level.
STOCK NAME: DIXON at CMP (Range 4755-4760)
Note: Do not buy in Bulk, as the market is very volatile
Breakout retestAfter breakout at the level of 4600 on weekly chart it has retested the breakout level of 4600. It may retest to 5600 level soon.
(Disclaimer: only for educational purpose)
DixonDixon on monthly tf
it is looking good for long after giving retracement of an impulse now it is going for impulse again every thing explaned on the chart
Dixon#Dixon taking good support around 4600 can be added for midterm after Govt push for manufacturing in India seems good.
Dixon Breaking Day Support As Per technical Analysis Dixon Looks Bearish If its break 4840-4820 level then Possibly It will test 4700,4650 Level if you are ready to take Risk then buy 4750 PE Near 140, SL 115, Target 190,220
Time Frame 4-5 Days,
Investment = 28000
Maximum Loss - 5000
Profit upto = 16000
Best regards
Ajay Metha
DIXON LOOKS WEAK BELOW 4750Short Dixon once sustain below 4750 for the marked targets on the chart until 4900 is intact on the upside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Dixon tech longit formed a cup and handle pattern. an upside can be seen if it sustains the break out. in 6 months to a year.
not sebi registered and its for educational purpose only
Cup and Handle formationLong opportunity in Dixon Tech.
Cup and Hand formation with Breakout.
Cmp- 4857
DIXON --- heading towards all time high of 6243 and beyond nicely poised for solid gains in coming months
cmp is 4865
gave a weekly breakout at 4000 in may , then achieved a high of 4700, pulled back, and is now rising again
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
DIXONTECHNOLOGY H&S BREAKOUT WCBDixontechnology is breaking H&S pattern
on weekly chart #postionaltrade
trading above 20week ema
educational idea only
BUY DIXON - NOW BUYING ZONEDixon looks good
Buy 4600ce or FUT
if it sustain in this zone will see good breakout
now again will see breakout from 4650
IF YOU LIKE MY IDEAS "HIT LIKE BUTTON"
THANKS
INTRADAY TRADE If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
DIXON is in the Buying Zone! 🎯 Unleash the Potential for Great ## Trade Details
- Name of The Stock: ****Dixon Technologies (India) Ltd****
- Type of Trade: Momentum Investment or Positional Trade
- Duration: More than 60 days
- Entry Level: 4122.00
- Stop Loss: Initial 3850.00 (Trail accordingly)
- Target: above 4730.00 then 5700.00
---
## Chart Details
- Trading on Support Zone
- Favorable Risk to Reward Ratio
- Good Q1 results declared
- Relative Strength (RS) positive
- RSI is also showing strength
- Good time to take position
INTRADAY TRADE FOR TOMORROW If it’s Gap up or Gap down Avoid trade
DISCLAIMER:- I’m not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
Continuation pattern BO DIXON
- Continuation pattern BO
- Supported with volume
- Above Key EMAs
- Bullish RSI
Dixon | Flag & Pole Pattern Spotted | Buy Trade Setup . As you can Already see in Chart Dixon is Facing Major Resistance At 4650ish Level.
Whenever Market Came to that level seller push the price downward.
Now, Buyers are little more aggressive than before and Price broke out from Flag & Pole Pattern with Volume . Which Gives us enough information to go long in this Stock till 4650 for safe Traders and investors .
But if you want big Move wait for the Price to close above 4650 and you can see the MAGIC Afterwards and currently looking at the Market, I'll Say that it will breakout from that Level.
Till then wait and let see how this Stock plays Out .
NSE:DIXON
Disclaimer-: View is just for Educational purpose only.
Consult your financial advisor before taking any financial Decision.
Dixon Formed bullish flag pattern DIixon looks strong it gave breakout of flag pole pattern
i think it can touch or break its previous 52 week high
#CHART SAB BOLTA HAI #
Waiting for breakout, Possible move 10% Entry points - 4657
Possible traget - 5120
SL - 4564
I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
