I really love this stock, it is looking super bullish this time, it has given a fresh breakout of triangle pattern and also above the 60SMA, RSI is too supporting strongly which is at perfect place above 64 !!
Dixon Tech is ready to resume its uptrend. Flag and Pole pattern formation is visible on the chart. It's a trend continuation pattern. Levels are marked on the chart.
There has been a strong Bearish RSI divergence in stock for so long that let's see how it takes stock to correct from here.
NSE:DIXON Long time RS positive stock. retesting the 8200 levels after breaking out. Heading towards all time high.
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
this stock breakout ATH level and retest that level TGT will be 1:4 Risk reward and this is just for Educational purpose only
Breakout happend in dixon tech. With rising 50,150 and 200 day moving averages and relative strength indicator is also showing strength . Keep your risk and reward ratio according to your own preferances. This is for educational purpose do your own research before investing.
At CMP Dixon looks very attractive long. Confluence of multiple parameters. 1. Took support at previous resistance level. 2. Horizontal line Breakout ahead. 3. Trendline Breakout ahead. 4. Hammer at 61.8% fib level. 5. Earning gap indicates the urgency of buyers. i'd play this in options with 7000ce for feb month as hero zero trade.
Dixon (D) - CMP 6378 A Perfect combo of Trendline & Cup n Handle Continuation Pattern. If stock succeed to sustain above 6450 then we may see a very good upside in coming days. Also RSI is about to breaking out 60 level which will be very interesting to watch. If Sustain above 6450 then, Support 6300 Resistance 6750-7000-7250 As per Pattern Note : Personal View...
Introduction : Dixon Technologies, a notable player in the stock market, has recently exhibited signs of a bearish trend, breaching its bullish trendline and closing below it. A comprehensive analysis, based on wave counts, suggests the completion of internal degree 5 waves, raising concerns about the potential impact of Q3 results. While the stock is generally...
Any idea? Will it go upward or downward? It looks like it's forming a triangle. RSI of a daily chart showing divergence
DIXON TECHNOLOGIES LTD Key highlights: 💡⚡ ✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 7900+. ✅Can Go Long in this stock by placing a stop loss below 6120-.
Keep it on your radar. A huge rally possible in a year! Note*- Based on personal opinions/observations. Please do your own research/analysis before making any trading/investing decisions. I am not a sebi registered investment advisor
Breakout on monthly chart in Dixon Its long period breakout
40% gain dixon technology Complex riverse head & shoulder breakout Bullish Duration 1 year Good stock to go
Soon it can show 7600 levels in upcoming 6 months. so Be ready to ride the move. For long term this would be great choice.
Dixon has been following Fibonacci levels quite well. With increased import duties and government pushing for make in India, the breakout seems to go for first Target at ₹6150
Falling Trend Line Breakout Stock shows the Bullish moment on (WEEKLY) Double bottom chart pattern on the (WEEK) that indicates a Bullish moment will continue till the 5000 level if the stock sustains above 4500 it can go further more. Technicals —RSI 74 (WEEKLY) —ABOVE 20 MONTH EMA —VOLUME ABOVE 20 MA educational purpose only!✨ Do your research before making...