Dixon Tech Dixon looks good to trade at 4110. Wait for formation and multi-confirmation before trade.
DIXON trade ideas
Long Dixon after the BO of resistance levelLong Dixon after the BO of resistance area above 4385 for the target price of 4600. All important levels have been marked on the charts. Good risk-to-reward ratio. This is for your educational purpose only.
Dixon TechAfter a good consolidation period the stock is ready to give breakout. one can start accumulation. Also entire IT sector is starting to move which can lead not only pump in IT stocks but also a good moment can be expected.
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
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.
Low risk set up ✌✌✌This scrip has been choosen for short term as it lies at demand zone. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Dixon Technologies can be bought near trend line supportEntry - 4576
Entry reason - Near trend line support
SL - Close below previous swing low of 4505
Target - first target -> 4725, then can trail
Dixon inverted Head and Shoulder patternDixon is a buy. can see huge upside on breaking the greenline.
Dixon Good to watchNSE:DIXON
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
DIXON : On the verge of BreakoutMy Observations:
1. Dixon has formed a nice inverted Head & Shoulder pattern by down to sideway consolidation of approx. 10 months.
2. Breakout above 4700 (which is also a previous breakout level) will lead the stock to the final price target of 6135.
3. All Daily EMAs 20/50/100/200 are crossing up sequentially & moving up, confirming a strong uptrend for the stock.
DIXONDIXON :- Dixon technologies stock is making inverted head and shoulder pattern on weekly chart. Closing above 4600 , can be taken as a good opportunity for taking long side trade .
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning
Dixon technologies may give good returns in coming weeks Dixon technologies stock is making inverted head and shoulder pattern on weekly chart. Closing above 4600 with good volumes and RSI above 60, can be taken as a good opportunity for taking long side trade .
Dixon Technolgy Above 4580I am expecting a 100 points upward move.
And a good close above 4689 can give a handsome returns,
after that horizontal line resistance is at 5624
SL 50DEMA ( Orange colour.)
Dixon Tech chart analysisDixon Tech on daily forming a cup & handle pattern
Also dollowing the trendline
also respecting horizonta line resistance at 4660
Head and shoulder Breakout soon DIXONThe short H&S failed and now we have a LONG head and shoulder
in my experience if the last pattern fails the next one works
We might be going for All time highs soon
dixon tech ...DIXON TECHNOLOGIES ....
1 - forming inverted h&s
2 - price forming HH & HL
3 - short term w pattern
4 - good volume
buy cmp
t1 @ 4616 intraday
t2 @ 4800 swing
t3 @ 4900 swing
Head and Shoulder H&S under progressH&S is under progress
Keep on radar for entry
Follow twitter for more interesting chart structures before the public
Dixon#Dixon CMP 4100 very near to TL BO.. Seems good for 15% upside
Please check with your financial advisor before investing..
Symmetrical triangle pattern in DIXON.Discription:
Stock Name: DIXON.
Chart Pattern: Symmetrical triangle pattern
Time Frame: 4 Hour
Entry: Reversal from support level
Breakout above 4390
Targets: Reversal Target 4390 (upto resistance level)
Breakout target Targets :- above 4985+
Bullish Bias on DixonStrong Relative Strength
Price bounced from Support
Price crossed 200 SMA and 10 SMA
Hidden Bullish Divergence
SuperTrend (10,3) turned +ve on Hourly chart
Investment bet DIXON India Looking good in all aspects
The semiconductor industry is also one of the large growing and prudent industry
other shares in the same category are TATA ELXI , MOSCHIP, ASM Technology
Dixon breakout and resistanceThe chart shows breakout given by Dixon technologies and resistance it can face in coming days.
GIANT KICKBACKDixon technology is looking good on weekly chart breaking falling trendline resistance and closed above on that and giving a clear indication on RSI indicator of coming bullishness in this stock.
Cause of long-:
1- Falling resistance trendline breakout
2- RSI breakout
