C'Mon DIXON C'Mon !- Annual Revenue rose 13.99%, in the last year to Rs 12,197.62 Crores. Its sector's average revenue growth for the last fiscal year was 24.13%.
- Annual Net Profit rose 34.36% in the last year to Rs 255.52 Crores. Its sector's average net profit growth for the last fiscal year was 5.85%.
- Quarterly Revenue rose 14.59% YoY to Rs 3,274.35 Crores. Its sector's average revenue growth YoY for the quarter was 12.51%.
- Quarterly Net profit rose 50.59% YoY to Rs 68.82 Crores. Its sector's average net profit growth YoY for the quarter was 26.16%.
- Mutual Fund Holding increased by 1.75% in the last quarter to 13.74.
- PE Ratio is high though at 113
- Company has reduced debt.
- Company has delivered good profit growth of 33.3% CAGR over last 5 years
- Company's median sales growth is 15.7% of last 10 years
DIXON trade ideas
Dixon it's time for HULK BUSTER Move Hello Champions,
For September month this is one more pick which is only for Trading purpose.DIXON as we all know how this stock moves on charts.Positive news drived this stocks from its low to 52 week highs but the move is yet to come.It is not able to sustain on high because of shorts
Which are manipulating the stock.
Conclusion - Shorts which we are noticing in this share is just to keep retailers away from making profits.
Strategy - Dixon CE 5200 trading at 160 is a strong buy on these levels .
View - As the stock is big in value the premium eating game will not work on this .
Target - Just expand the chart to lifetime highs and sit tight.
Risk - Options are very high in Risk .
Disclaimer - Registered with SEBI .
Decode Dixon Technologies: The Breakout Opportunity📊 Understanding Breakouts and Patterns
Breakout: A breakout occurs when the price of a stock moves beyond a key support or resistance level, indicating a potential shift in trend.
Inverse Head and Shoulder: A reversal pattern where the price forms three troughs, with the middle trough (head) lower than the other two (shoulders). It signals a potential bullish reversal.
🚀 Key Breakout in Dixon Technologies 🚀
Dixon Technologies is showing an exciting breakout in the daily time frame. When we analyse the weekly chart, we can identify a pattern resembling an inverse head and shoulders. However, it's important to note that this pattern exhibits characteristics of a head and shoulders pattern due to the notably smaller right shoulder compared to the left.
📊 Volume Confirmation
The confirmation of a breakout is often supported by volume analysis. In both the daily and weekly charts, we observe strong bullish volume, indicating heightened buying interest. On the daily chart, the Wave Volume Divergence indicator reveals a significant accumulation of bull volume, strengthening the validity of the breakout signal.
📈 Price Levels and Entry Strategy
Currently, Dixon Technologies is trading around 4840, while the previous resistance was at 4819. To plan a trade, we must wait for the breakout to sustain above the 4820 level. It's wise to allow time for confirmation, as multiple rejections have occurred at this level in the past. We can consider initiating a buy position if the breakout maintains its strength before the market closes, ideally within the last 5 minutes of trading.
📊 Resistance and Upside Potential
The next resistance zone to watch is near the 5275 level. If the breakout proves its strength, Dixon Technologies could experience further upward movement. This resistance zone marks a critical level where price has often encountered resistance, so careful monitoring is essential.
📚 Educational and Precautionary Note
Remember that this analysis is for educational purposes only and does not constitute financial advice. Always do your research and consider consulting a registered analyst before making trading decisions.
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Bullish flag--correction 16%
-- formed a bullish flag pattern
-- first target 4151
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
DIXONMid-term Investment Position: 17-08-2023
We are adding some quantities of this stock at the current level .
We are planning to invest in this stock with 8-10% capital. We are expecting 7-8% or more return in this stock.
Technical Reason: The Stock is trading above 50 & 200 EMA and has recently broken its crucial Resistance Zone in Daily TF. Also the Stock is trying to continue its up-side momentum by forming Inverse Head & Shoulder Pattern in Weekly TF. Recently, trading volume appears to be increasing in the stock.
The Fundamentals of the company is also satisfactory. The company has efficiently utilized their working capital. The Indian government imposed a restriction on import of laptops, tablets and personal computers, with immediate effect. This company can get benefit on this policy We will maintain our Stop-Loss around 4500 levels. We might exit if it breaks this level.
STOCK NAME: DIXON at CMP (Range 4755-4760)
Note: Do not buy in Bulk, as the market is very volatile
Dixon Breaking Day Support As Per technical Analysis Dixon Looks Bearish If its break 4840-4820 level then Possibly It will test 4700,4650 Level if you are ready to take Risk then buy 4750 PE Near 140, SL 115, Target 190,220
Time Frame 4-5 Days,
Investment = 28000
Maximum Loss - 5000
Profit upto = 16000
Best regards
Ajay Metha
DIXON --- heading towards all time high of 6243 and beyond nicely poised for solid gains in coming months
cmp is 4865
gave a weekly breakout at 4000 in may , then achieved a high of 4700, pulled back, and is now rising again
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
INTRADAY TRADE If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.