DIXON trade ideas
Symmetrical triangle pattern in DIXON.Discription:
Stock Name: DIXON.
Chart Pattern: Symmetrical triangle pattern
Time Frame: 4 Hour
Entry: Reversal from support level
Breakout above 4390
Targets: Reversal Target 4390 (upto resistance level)
Breakout target Targets :- above 4985+
Bullish Bias on DixonStrong Relative Strength
Price bounced from Support
Price crossed 200 SMA and 10 SMA
Hidden Bullish Divergence
SuperTrend (10,3) turned +ve on Hourly chart
Investment bet DIXON India Looking good in all aspects
The semiconductor industry is also one of the large growing and prudent industry
other shares in the same category are TATA ELXI , MOSCHIP, ASM Technology
Dixon breakout and resistanceThe chart shows breakout given by Dixon technologies and resistance it can face in coming days.
GIANT KICKBACKDixon technology is looking good on weekly chart breaking falling trendline resistance and closed above on that and giving a clear indication on RSI indicator of coming bullishness in this stock.
Cause of long-:
1- Falling resistance trendline breakout
2- RSI breakout
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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DIXONAll detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Dixon Technologies - Bulls Gaining momentumDixon Technologies - Bulls Gaining momentum and potential move towards 4000 and 4300.
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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# Ichimoku Cloud
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Dixon LongDouble bottom pattern Breakout.
Positional call
Buy CMP
SL 3550
Target 4738
For educational purpose..
Buy signal, started increasing from earlier lowsBuy above 4120, T1 4175, T2 4299, SL 3980. The stock has made the bottom and surpassed the first resistance
Dixon Tech working hard to leap beyond the 30 WSMADixon Tech is on the verge of crossing the 30 week SMA line. A breakout from the ascending triangle is also coinciding with this which can only be confirmed this friday but sometimes one is enticed to take early entry in anticipation as this reduces the stoploss amount. However, this is not what the masters of technical analysis say in their books so one must apply their own discretion. The target is coming to 4738 but there is resistance at 4690. Stop loss may be taken on close below 3990
DIXON Positonal Long CallDate: 22 AUG 22
Entry Price: 4009.95
Stop Loss: 3729.25 (-7%)
Target Price: 5012.45 (+25%)
Risk Reward Ratio: 3.57
DIXON On Verge of BreakoutDIXON (NSE) Cash Segment is trading up 2.32% Today on 17th August 2022. Is on the verge of breakout Above 4020 (CMP 4002), We Would like to Buy the Stock in the Cash Segment Above 4025 With the Stoploss Placed below 3945 and Eyeing for the Targets of 4225/ 4425 in the Next 2-3 Trading session. Expecting Good Momentum in the Stock.
