DIXON TECHNO (INDIA) LTDDixon short term breakout from consolidation cmp 3833 can buy some here and some near 3766. For target of 4000/4200 with stoploss of 2615
DIXON trade ideas
DIXON LongStock looks good at the break of plotted level
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
DIXON seems all ready for the next leg UPA clear sign of accumulation at lower levels for DIXON which has lead to the formation of a strong support. A move above 3630 should bring in fresh buying impetus and for such a trade one should use a stop loss at 3450.
DixonDixon Technologies
Anticipating a breakout here.
Breakout already done and retested in 15min TimeFrame
DIXON becomes a good buy at around 2878 levelsStock is correcting............spme more possible...
Stock has a confluence of supports at 2878 levels
1.lower median of white pitchfork
2.upper tine of blue channel
3.138.2% fib.extension
4. mid point of 50 and 61.8% fibo retracement levels
Be careful if you are holding this stock || NSE:DIXON - H&S pattern on the weekly is not a good sign
- Entry can be taken once the neckline is broken with a strong bearish candle
Good luck and stay safe!
DIXON TECH - 6th June 2022Stock is holding onto Medium term Support Levels of 3600-3100
Value Buying Zone for Medium Term Investors
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
