Dixon longCan be bought @ current level with SL of 2775 with targets of 3012 and 3100 .Expecting triangle breakout.
DIXON trade ideas
DIXON - INTRADAY STOCK - 17/04/2023Dixon looking good above 3020 for Intraday.
For Educational purpose only
DIXTON TECHNOLOGIES TARGET 3514DIXON TECHNOLOGIES double bottom weekly breakout is possible. The weekly and daily charts are bullish. If opens above 2982 and sustain above 3055 in the day it will reach the target 3514
#DIXON ANALYSIS A fine stock is trading at lower levels since long time, follow chart for proper support and resistance levels.
Trendline Breakdown in Dixon Technologies...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
DIXON LOOKS GOOD IN DEMAND ZONEDixon Technologies looking a good buy in the demand zone @ 2770 - 2570 and expected to show a bounce towards marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Really can take Dixon for long entry?Long Dixon at the bullish movement. Both entry points have been shown. Trade as per risk to reward.
Scenario 1 - Can take an aggressive entry if a good setup is seen in the lower time frame? Pros- Can catch the bullish move at Breakout? Cons- Can BO be failed?
Scenario 2. Can take a pull-back entry if a good setup is seen above the support area? Pros- Can be a nice entry point with good to-risk reward? Cons- Can the price never reach the support area?
Please read carefully the above points & make your strategy accordingly. These types of plans are essential to catch a good move. The pro trader has kept all types of strategies as per the market conditions.
This is for your educational purpose only.
DIXONIn the Weekly chart of DIXON,
We can see that, it is formed a Spinning Bottom Candle and taking Halt at good FIBONACCI level.
Lets See whether it makes or breaks !
Dixon Tech Cup & Handle IdentifiedDixon Technologies, Cmp 4600
Buy Above 4690 Day Closing
SL - 4110
Target - 6125
Breakdown in Dixon Technologies...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dixon Bearish Breakdown, Avoid fresh longsDixon Bearish Breakdown, Avoid fresh longs
Shared Dixon bearish view around 4270... Almost fell 40%...
Support levels - 2400-2100-1850
Resistance - 3200
Trend reversal - above 3900 closing only
DIXON-LEARNING OUTCOMESThe chart of Dixon Technologies depicts about the importance of exit.
The chart is sharply corrected more than 50% from the resistance level.
It shows the importance of entry and exit.
DIXONTECH WILL BREAK THE SUPPORT OR TAKE SUPPORT??TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Ready to trendIt is forming a flag pattern along with the head and shoulder pattern formation. Patterns work better on higher time frames. Hence these consolidations and patterns indicate that a new trend can start.
Doing cycle analysis. It moves in a 20 month cycle. But cycle analysis works best when done on a group of stocks and on multiple timeframes. Hence it is just an indication and timing factor not a deciding factor. Therefore it is the time to study business and the sector fundamentally also.
DIXON TECHNOLOGIES H&S TOP BREAKDOWNDIXON TECHNOLOGIES broke down from its 2-year long Head & Shoulders Top pattern indicating extreme bearishness. This pattern breakdown has potential for substantial lows from current levels.
Only personal analysis. No recommendation.
Dixon Technology Breakdown Dixon Technology Breakdown after results. Head & Shoulder patterns breakdown. No Buying Recommended
Dixon technologies may go further down till 3358 SL 3681As per XABCD pattern, Dixon may go further down till 3358 SL 3681 within few weeks
dixon technologiesthis chart has formed double top it may go down till 3500 and may be return very soon to wards 4000 levels once again may be good for long term
Dixon.Question on Dixon.
Stock broke the rising trendline and now moving towards important support zones
If bought hold for now till its above support zones.
Fresh longs only if it respects the zone.
Dixon Tech Dixon looks good to trade at 4110. Wait for formation and multi-confirmation before trade.
