Dixon Technologies Medium Term View#dixon in unchartered territory,
the immediate target is 7638, the entry point is 4th wave around 6666-6750, for a target of 8000 in the medium term.
SL 6250.
DIXON trade ideas
Last Mile RunDixon looks set on last mile run for 6950-7050. 6235 is the SL to go long. I expect a big correction from 7000-7100 zone.
Wedge formation in Dixon TechIt is forming a wedge structure and Dixon technology is not able to clear it.
Sell it taking the SL as the lower part of the wedge on that day.
Dixon Tech - Fundamentals + inverted H&S completedLevels mentioned on the charts. Target = Breakout point + difference between head low and breakout point
Fundamentally - stock is best suited to gain from the govt's Aatmanirbhar campaign and the current sentiment of decreasing trade with China.
Dixon A mega baggerBreakout on Daily chart, Weekly chart will asure breakout if close above 5000. Lets see how the stock performs.
P.N: Views are for study purpose
Bullish chartThis is the most bullish chart I have seen in the Indian markets post covid dip. This is a portfolio stock.
Long DixonPrice action shows nice breakout from inverted H&S kind of pattern.
Long can be initiated around 4900 with SL as 4600.
Disclaimer- Ideas for educational purpose only, please do your due diligence.
Dixon Technologies - BULLISH SIGNS WITH CUP AND HANDLE!!Dixon Technologies
DIXON is trading at 52 Week High and at the Resistance level.
Technical Indicators are bullish.
****TRADING_EDGE TIME-TREND INDICATOR is also Bullish****
If the prices sustain above Resistance level 4955, a Breakout is expected.
Nearest Support Level is the LOW of SUPPLY ZONE 4565.
KEEP AN EYE !! #B+
#TRADINGEDGE_ACADEMY #SMTA_INSTITUTE
Dixon Tech, Dual Pattern- Cup. & handle, H&S (Weekly)Dixon Tech, Dual Pattern- Cup. & handle, H&S. 25% Upside
Dixon Tech- Dual Pattern Formation on Weekly ChartDixon Tech- Dual Pattern Formation on Weekly Chart. Cup & Handle, H&S. 25% Upside!
Dixon trending upwards on a 1 hour chartWith RSI close to 68, MACD trending above zero line with bullish crossover and trading above 50EMA, suggesting a continuing trend.
Entry recommended at 4185 with target of 4500 and SL@4100
DIXON : Contract Manufacturing benefit ?It has took support exactly at center line of pitchfork and then bounced. Expect recovery till 3750-3800.
dixon technologiesnext support levels for dixon technologies to watch are 3084, 2742, 2670,2428, 2239,2167 & 1916.......
Broke an important support on 18the Feb.There is a minor support at 3950. One hopes that the said support holds, which will be known in the next week.
DIXON - Bullish Bat - 4H TFBullish Bat pattern on 4H Chart of DIXON TECHNOLOGIES. BUY 4189-4191 SL 3999.8, Target(s) - 4270, 4299.
DIXON CHART ANALYSYSSEE THE DOWNTREND BREAKDOWN.
PURELY FOR STUDY PURPOSE. TRY TO UNDERSTAND THE IDEA.
Dixon can move up to 3950 and need to sustain above that for next targets of 4500 and more with all time highs
