DIXON trade ideas
DIXTON TECHNOLOGIES BREAKOUTDIXTON TECHNOLOGIES
BUY ABOVE 3800
TARGET 4320
STOPLOSS 3385
HOLDING PERIOD 2 TO 3 WEEK
Dream Run expected to continue(1:4 Risk 2 Reward)With all the stars aligning for dixon a good profit can be booked with this trade, As it might complete the W pattern and head towards 4000 And 4500.
Place stoploss at 3325.
Disclaimer:- For educational purpose only, Follow for more daily updates.
DIXON BUYING OPPORTUNITYWe can get buying opportunity in Dixon above 3800.10 with trgts upto 3900/4000.
Another Multibagger Stock, CHECK IT OUTInvestment Call:
Dixon Technologies Ltd.
Buy: 3200-3400;
SL: 3000;
T: 4500++5170++5550++
-Mohit Rajani
Dixon Technologies (India) LtdDixon Technologies (India) Ltd
@3780
and @3700 is a powerful buying zone
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
Dixon Ready For Fresh BreakoutDixon Ready For Fresh Breakout If Sustain Above ~ 20000 Level.
Positional Buy ~ 20150, Stop ~ 18905, Target ~ 25000
Swing trade: watch for resistance breakoutbuy dixon above 16800
TARGET- 17600, 18800, 20100, 22180
keep Sl below 15450
DIXON - Trendline ObservationsTrendline Observation(s). A simple trendline brekdown on 3H Chart of DIXON. SELL strictly below 13400 only. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
A Perfect example of "Bearish Engulfing" (Dixon)Dixon has seen a massive uptrend and also in the upper band of RSi (80) and also formed bearish engulfing, so in short term, we can see a good correction.
What is bearish engulfing?
- A is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle.
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
BullishIt has given tremendous return from the March '20 low and is destined to cross five figure sooner or later. On strong support and 8650 which may be seen in a couple of days, could be a good entry point for future.
A return to trend line expected Can be a good pick when a bullish reversal occurs after the test of the trendline.
DIXONDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
