DIXCON TECHNO (INDIA) LTD

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As of May 22, 2025, Dixon Technologies (India) Ltd (NSE: DIXON) closed at ₹15,170.00, reflecting a 2.84% decline from the previous close of ₹15,612.00.

30-Minute Support and Resistance Levels
Based on the 30-minute technical analysis, the following pivot points have been identified:

Classic Pivot Points:

Resistance Levels:
R1: ₹15,184.66
R2: ₹15,305.33
R3: ₹15,383.66

Support Levels:
S1: ₹14,985.66
S2: ₹14,907.33
S3: ₹14,786.66

Pivot Point: ₹15,106.33

Fibonacci Pivot Points:

Resistance Levels:
R1: ₹15,182.35
R2: ₹15,229.31
R3: ₹15,305.33

Support Levels:
S1: ₹15,030.31
S2: ₹14,983.35
S3: ₹14,907.33

Pivot Point: ₹15,106.33

Camarilla Pivot Points:

Resistance Levels:
R1: ₹15,082.24
R2: ₹15,100.48
R3: ₹15,118.73

Support Levels:
S1: ₹15,045.76
S2: ₹15,027.52
S3: ₹15,009.27

Pivot Point: ₹15,106.33

These levels can serve as reference points for intraday trading strategies.

Technical Indicators Overview
The current technical indicators suggest a bearish outlook:


Relative Strength Index (RSI): 30.31, indicating the stock is approaching oversold territory.

Moving Average Convergence Divergence (MACD): -311.32, signaling downward momentum.

Average Directional Index (ADX): 53.38, suggesting a strong trend.

Commodity Channel Index (CCI): -112.93, indicating a potential oversold condition.

Rate of Change (ROC): -8.43, reflecting negative momentum.

Bull/Bear Power: -681.10, emphasizing bearish dominance.

Overall, the technical analysis points to a strong sell signal.

Analyst Ratings
Analyst consensus on Dixon Technologies is mixed:

Strong Buy: 8 analysts

Buy: 8 analysts

Hold: 3 analysts

Sell: 6 analysts

Strong Sell: 1 analyst

This distribution indicates a cautious stance among analysts, with a notable number recommending buying the stock, while others advise selling.

Disclaimer

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