OP 24cr vs 22cr (YOY basis) CFO 45cr vs 3cr (YOY basis) EPS 41.97cr vs 37.81cr (YOY basis) ROCE% 34% vs 29% (YOY basis) Inventory Turnover 7.24 vs 3.66
OP 24cr vs 22cr (YOY basis) CFO 45cr vs 3cr (YOY basis) EPS 41.97cr vs 37.81cr (YOY basis) ROCE% 34% vs 29% (YOY basis) Inventory Turnover 7.24 vs 3.66
Dixon technologies trading within its All Time High range. Relative strength line above zero, means Dixon outperforming it's benchmark index.(Nifty 50) Wait for the breakout with good volume and wide range candle.
Breakout from 2019 high level with good volume and wide range candle, bullish structure.
Price starts moving in uptrend after low volume pullback on resistance level, bullish structure. - Decreasing Pledge. - Increasing cash flow from operation. Price can easily touch 200 level in few days.
Price is near its all time high resistance, look for long opportunity if price breaks above the resistance with momentum candle and high volume. - Price approaching ATH resistance level with momentum candle and high volume, shows bulls are powerful here. - High delivery quantity. - Increase in FII holdings (15.94 to 17.16).
Nifty 50 gave false breakout to trap sellers and then again move above trendline, Resistance and 50 EMA. If move above 15000 with good volume and sustain there then we can again touch it's ATH. Chart and analysis is for educational purpose only, do your own analysis.