DIXON Technologies Triangular patternNSE:DIXON Levels are Mentioned in the chart... swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
DIXON trade ideas
Dixon Trend AnalysisPattern : Triangle pattern with profit margin around Rs.300 Gain
Look After Green Candle at the end of the day and enter the trade
Note: MACD is in Bearish Trend , look after the indicator and book some profits
Fundamentals: Dixon has a great fundamentally and fits into my basic filters.
If you have any suggestions, do comment my analysis.
With Regards,
Karthick T
DIXON in Accumulation ZoneDIXON in Accumulation Zone
Once it gives closing Above 4033, it be ready for breakout
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
dixon technologies short now?it has completed bullish BAT harmonic pattern and fell exactly from potential reversal zone. Now we can eye on 50% retracement with the help of fibonacci graph and we can expect the stock to bounce off 3834 levels approx.
On the other hand at reversal zone stock may continue consolidation, so it may be in range 4283-4100 it will fall only when consolidation is broken and also while in consolidation it may make new highs without falling till 50% fibonacci levels so just wait and watch price action.
DIXONNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading