Date : 09-03-2024 NSE:DIXON ---------------------- Buy Dixon above 7280 Target of 8478-9798-11190 SL 6000 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few weeks Please consult your financial advisor before investing All research for educational purposes only.
Classical cup & handle pattern to finish with head & shoulders. Very good opportunity spotted. If sustains this level can give good upside move.
10000 is target technical breakout level mentioned in chart, fundamental also good ,good results expect in Q4
Background: With a massive ~8x post covid rally, Stock gave highest closing of 5753 and entered a long consolidation beginning Oct'21. Strong Breakout (With reasoning): With 2 years of consolidation and making a rounding bottom, the stock finally broke out and closed at 5951 on 1 Dec 23 along with good volume buildup. Post breakout, it consolidated again...
dixon technologies has made a fresh breakout for swing trading. We can expect 1:2, with SL near 6370
Dixon Technology CMP: 6744 Target: 12782 Potential Uptrend: 124% Dixon is the one of the largest LED TV manufacturers in India and it services more than 35% of India’s requirement. It is the largest ODM player in lighting & has the largest capacity in various SKU’s.
Dixontechnology breaking h&s with huge volume EDUCATIONAL IDEA
Currently Dixon is trading at 5862. We can sell below 5850 for the targets of 5724, 5425 and 4985 One can buy Options PE side if can. Consult your financial advisor before taking any trades. Follow me. Boost the Post and Comment. Thanks.
DIXON looking good. Wait for ABOVE level weekly time. buy after above weekly candle close. please wait for weekly candle close. NOTE- Only for Education Purpose. Please Give A Like If You Like FOLLOW FOR MORE
Dixon Technologies look weak on daily chart and taking short position around 6100 - 6000 levels can be a good trade from risk reward standpoint. Expect Dixon slide till 5400 and then 5200 levels until 6400 is intact on the upside. Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview. Happy...
DIXON 5x Possibility in next 5 years based on Monthly Breakout from current levels of 6000 ... Targets possible 40000+ in next 5-6 Years. Happy investing.
# Dexon technology small range break in chart time spend break out fast move stocks
DIXON on move after consolidation - 2x 1.5 Year Targets
The chart is self-explanatory and shared chart for educational purposes. Trading with the above MA with Long consolidation. High potential for upward movement.
Im expecting a bearish breakdown in #dixon in the 1 hr Time frame You can take a short position at the current level (CMP 6460) with a stop loss at 6500 and a target of 6220. The trade is based on the sideway pattern symmetric triangle.. as it is trading in a close range for many days it is expected the breakdown. Happy Trading. Follow for more such...
Dixon Tech is giving the BO on Weekly chart.. ATH ADX positive DMI+ in right direction RSI also is buying territory In this situation stock can be entered with the previous candle Stop SLT - 5875 Entry 6400 Trail the SLT..
DIXON Hourly Charts Suggest 20% upside in next 2-3 months Hourly Pattern is Bullish based on channeling. Very good stock for long term Investment. Happy Investing.
Buy Dixon Technology At Cmp - 4859 Add More If Price Fall To 4370-4400 SL - 3950 ( Weekly Closing Basis ) Target - 6800