Dixon Tech - 4th Top breakout anticipatedAll trade ideas provided are the opinions of the publisher and should not in any way be considered as financial advice. Please do your own research and consult your advisor before investing in stock markets
DIXON trade ideas
DIXON HH- HL FORMATION
This STOCK IS READY FOR THE BREAKOUT ON UPSIDE . HH HL FORMATION AND W PATTERN IS ALSO VISIBLE MINIMUM TARGET MUST BE ATH , with stoploss in previous swing low
Volatility Contraction PatternStrong uptrend followed by long consolidation with volatility contraction on low volumes
Respecting 50 DMA
[ INTRADAY ] DIXON SHORT BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Buy 5662 TGT 5711 and 5800 SL 5593Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Dixon TechnologyDixon Technology
Above 5500
Target zone 5580,5652,5733,5845
Below 5380
Target 5260,5220,5100
DIXION - Triple top and Triple bottomDIXION is a very strong stock and has been in uptrend for a very long time.
in the past it has broken the strong resistance 4800 and is now a support of the breakout, same might happen if the triple bottom bounces back to resistance (5529) and give a breakout to create a new support.
till then we have to wait and watch. good to buy at support
DIXON: ITS-ON?RSI has good strength, 3OW MA has crossed price while sloping upwards and has again gone below CMP, a very good sign of strength, if crosses 5615, full fledged rally will be there.
Buy above 5585 SL 5540 TGT 5650 and 5730Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Dixon flag and pole patternDixon is forming a flag and pole pattern on 15 mins time frame. You can go long when a 15 min candle closes above 5520
Targets : 5550,5580,5600
Price bounce from 50% retracement level in DixonPrice bounce from 50% retracement level in Dixon
Detailed analysis given on the chart
NSE:DIXON
DIXON | Good looking Cup & Handle chart with trendline - 18%DIXON | Good looking Cup & Handle chart with trendline - 18%
CMP : 4427 (Dip : 4340)
SL : 4050
Target : 5200
1:2.5+ risk reward setup
#Dixontech cash : Positional tgt 6200 #DixonTech cash -Positional call
09.Nov.2021
Looks good around 5650
Stoploss 5500
Target 6200
Cmp 5660
Dixon Tech Breakout - Retest -Moving upA successfull breakout , Followed by a retest and again an up move . A high probabilty long trade setup .
May stand Tall tomorrow!May stand Tall tomorrow!
Looked good even in brutal sell off, thus showed its strength. 5350/ 5500/ 5650 are highly achievable targets in quick time.
DIXONNSE: DIXON 5493
-Up Trend Continues After Taking Support
-Price And Volume Both Confirms
-Next Levels To Watch 5570-5850-6250
-Support Levels 5260-5080-4990-4735
-Closing Basis
DixonDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
