DIXON trade ideas
DIXONIn the Weekly chart of DIXON,
We can see that, it is formed a Spinning Bottom Candle and taking Halt at good FIBONACCI level.
Lets See whether it makes or breaks !
Dixon Tech Cup & Handle IdentifiedDixon Technologies, Cmp 4600
Buy Above 4690 Day Closing
SL - 4110
Target - 6125
Breakdown in Dixon Technologies...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dixon Bearish Breakdown, Avoid fresh longsDixon Bearish Breakdown, Avoid fresh longs
Shared Dixon bearish view around 4270... Almost fell 40%...
Support levels - 2400-2100-1850
Resistance - 3200
Trend reversal - above 3900 closing only
DIXON-LEARNING OUTCOMESThe chart of Dixon Technologies depicts about the importance of exit.
The chart is sharply corrected more than 50% from the resistance level.
It shows the importance of entry and exit.
DIXONTECH WILL BREAK THE SUPPORT OR TAKE SUPPORT??TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Ready to trendIt is forming a flag pattern along with the head and shoulder pattern formation. Patterns work better on higher time frames. Hence these consolidations and patterns indicate that a new trend can start.
Doing cycle analysis. It moves in a 20 month cycle. But cycle analysis works best when done on a group of stocks and on multiple timeframes. Hence it is just an indication and timing factor not a deciding factor. Therefore it is the time to study business and the sector fundamentally also.
DIXON TECHNOLOGIES H&S TOP BREAKDOWNDIXON TECHNOLOGIES broke down from its 2-year long Head & Shoulders Top pattern indicating extreme bearishness. This pattern breakdown has potential for substantial lows from current levels.
Only personal analysis. No recommendation.
Dixon Technology Breakdown Dixon Technology Breakdown after results. Head & Shoulder patterns breakdown. No Buying Recommended
Dixon technologies may go further down till 3358 SL 3681As per XABCD pattern, Dixon may go further down till 3358 SL 3681 within few weeks
dixon technologiesthis chart has formed double top it may go down till 3500 and may be return very soon to wards 4000 levels once again may be good for long term
Dixon.Question on Dixon.
Stock broke the rising trendline and now moving towards important support zones
If bought hold for now till its above support zones.
Fresh longs only if it respects the zone.
Dixon Tech Dixon looks good to trade at 4110. Wait for formation and multi-confirmation before trade.
Long Dixon after the BO of resistance levelLong Dixon after the BO of resistance area above 4385 for the target price of 4600. All important levels have been marked on the charts. Good risk-to-reward ratio. This is for your educational purpose only.
Dixon TechAfter a good consolidation period the stock is ready to give breakout. one can start accumulation. Also entire IT sector is starting to move which can lead not only pump in IT stocks but also a good moment can be expected.
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Low risk set up ✌✌✌This scrip has been choosen for short term as it lies at demand zone. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Dixon Technologies can be bought near trend line supportEntry - 4576
Entry reason - Near trend line support
SL - Close below previous swing low of 4505
Target - first target -> 4725, then can trail
Dixon inverted Head and Shoulder patternDixon is a buy. can see huge upside on breaking the greenline.
Dixon Good to watchNSE:DIXON
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
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.
DIXON : On the verge of BreakoutMy Observations:
1. Dixon has formed a nice inverted Head & Shoulder pattern by down to sideway consolidation of approx. 10 months.
2. Breakout above 4700 (which is also a previous breakout level) will lead the stock to the final price target of 6135.
3. All Daily EMAs 20/50/100/200 are crossing up sequentially & moving up, confirming a strong uptrend for the stock.
