Dixon : After a fantastic rally and a buy ,feeling a pressure
Dixon : After a fantastic rally from the support and turning into a buy it seemes it is feeling a pressure at the resistance level of 15700.
Candles also are small.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
DIXON trade ideas
Review and plan for 3rd April 2025 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
Expanding Triangle Pattern Analysis – DIXON (India)Pattern Formation Overview:
The uploaded chart of DIXON suggests the formation of an Expanding Triangle (Broadening Formation), a pattern characterized by higher highs and lower lows, reflecting increasing volatility. This pattern typically forms in a corrective or consolidation phase before a decisive breakout.
Key Characteristics of the Expanding Triangle in DIXON:
Expanding Swings:
The price is making higher highs (point 2 & 4) and lower lows (point 1 & 3).
This widening structure indicates an increasing level of price instability.
Current Market Position:
Wave 4 has recently completed at a resistance zone.
Price is now starting the downward leg (Wave 5) toward the expected target of 12,700-12,400.
Bearish Breakdown Expected:
The next move is projected to be a strong downside move as price follows the expanding triangle structure.
The target is near 12,700, aligning with Fibonacci extensions.
If selling pressure increases, the 2.618 Fibonacci extension (~12,400) could be the final stopping point.
Key Support & Resistance Levels:
Resistance Zone (Wave 4 Peak): 13,500-13,600
If price breaks above this level, the bearish view may be invalidated.
Support Zone (Target Levels):
12,700 (Primary Target)
12,400 (Extended Target) based on Fibonacci confluences.
Confirmation Factors:
A break below 13,200 will confirm the bearish move.
Volume should increase on the breakdown for added conviction.
Conclusion:
Expanding Triangle suggests higher volatility and a final bearish move.
Watch for breakdown confirmation below 13,200.
The expected target is around 12,700, with an extended move possible to 12,400.
Disclaimer
⚠️ This analysis is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or trade execution strategies. Trading involves significant risk, and you should conduct your own research or consult a financial advisor before making any decisions. Past performance does not guarantee future results. Trade at your own risk.
Review and plan for 11th March 2025 Nifty future and banknifty future analysis and intraday plan.
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
DIXON | Short @13460 with a SL 13720 | Min. Target 12000LOT Size : 50
Loss : 14,000/-
Profit : 73,000/-
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Dixon Tech Bearish View In Dixon TechDixon Technologies (India) Limited, incorporated in 1993 , is a Electronic Manufacturing Services (EMS) company with operations in the electronic products vertical such as consumer electronics, lighting, home appliance, closed-circuit television cameras (CCTVs), and mobile phones. It also undertakes reverse logistics operations. Besides, it manufactures security surveillance equipment, wearables & audibles, AC-PCBs. Recently, it has entered a JV with Imagine Marketing Private Limited for designing and manufacturing wireless audio solutions in India
DIXON KEY LEVELS FOR 27/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
DIXON KEY LEVELS FOR 24/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
DIXON CORRECTION?🚨 Key Levels to Watch:
🔴 Support Zone: The chart indicates a breakdown below 17,600 could trigger a bearish move toward the potential downside targets:
👉 17,300 ➡️ 16,800 ➡️ 16,110
📈 Invalidation Point: If prices cross 18,450, the bearish outlook is invalidated, and a new bullish trend may emerge.
💡 Technical Analysis Insights:
The chart highlights a clear ascending trendline. A breakdown from this trendline combined with lower volume support might intensify selling pressure. The Fibonacci retracement levels align perfectly with the potential target zones, offering confluence for the next move.
⚠️ Pro Tip: Watch for volume confirmation if price dips below 17,600 for potential short setups. If prices stabilize above 18,450, shift your strategy accordingly.
📍 Are you ready for the next big move? 📉 or 📈? Let us know your take on Dixon Technologies in the comments! 🚀
Dixon swing tradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Dixon : Fibonacci Daily Timeframe AnalysisDixon is following Fibonacci levels perfectly for long and short durations.
1. Long duration Trend based Fibonacci extension: Started Sept 2019 and ended at Jan 23
2. Short duration / recent Trend based Fibonacci extension: Started June 2024 and ends at July 2024
Strock behaviour:
- Stock is following trend lines and Fibonacci trend-based extension levels.
- Currently at 1.618 level of short duration Trend based Fibonacci extension, which will act as a resistance at 17,763
- Also at 2.618 level of long duration Trend based Fibonacci extension, which will act as a resistance at 17,650
- In addition top trend line should act as a resistance
Expectation:
- Stock should take resistance at these levels and should retrace to retest 20 EMA on daily timeframe.
- Need more than average volume to break these levels
- Lower levels to keep an eye L1- 16,600 and L2 16,000
- Once break out resistance level of 17,700 with volume will test T arget L1 - 22,300 and Target L2 23,400
Dixon Technologies - Short term & for risk takersDixon is on dream run since 2 years.. multi bagger and huge value creator for both investors and traders
suggest to accumulate in dips up to 12000 levels and wait for the following targets
Target -1 = 13,630 (6% up side from CMP)
Target -2 = 14,618 (13.7% upside from CMP)
Target -3 = 16.230 (26.5% upside from CMP)
Stoploss = 10,945 (15% downside from CMP)
Mobile manufacturing and Electronics manufacturing is booming in india and expected to do well until 2026.
this idea is only for education purpose and cannot be taken for real time investment or trading. please consult your financial adviser before taking any decision
I am personally holding this stock in my portfolio.
Dixon Tech: Turning bullish in short term swingToday it closed above previous swing high with good volume.
Stock is already in bullish trend since long time. It is in bullish channel.
You can buy at current price around 16800 or lower.
For SL if you turn to 1H timeframe, 16500 close is your SL.
Good for swing trade for short number of days.
Targets not decided as price is ATH but with help of fibonacci 18000 looks like a good target.
Trade looks good with risk reward also.
Dixon Tech Analysis - Bullish Ascension
🚀 Dixon Tech shows a powerful breakout, with the price spiking +8.7% today, taking it to INR 15,655! This move keeps the stock within its ascending channel, with clear signs of continued bullish strength. 📊
Key Levels to Watch:
Resistance Zone: INR 16,000 - 16,300 is the potential upside, where Dixon may face some selling pressure if it reaches this area.
Support Zone: A critical support level is identified around INR 15,360. A break below this level could invalidate the short-term bullish outlook, shifting the trend towards a possible downside move.
💡 Price Action: Dixon’s price remains supported within the channel, and a strong volume spike suggests renewed buying interest. The next potential move could push towards the upper boundary near INR 16,000+ levels, following the recent breakout above resistance.
📊 Trading Strategy: For bulls, any dip towards the lower trendline or the support zone could present a buying opportunity, while aggressive traders might consider profit-booking around the 16,000 - 16,300 range.
DIXONHi guys i am back now after long holiday lets make money if someone loose there is some changes in dixons level now please pay attention,if i am right previous levels are still working well,after this post iwill go for BITCOIN then OFSS.
Dixon almost kissed it's previous high so wait for support to get long.
DIXON again looking bullish?DIXON fell almost 13% but recovered back above SMA50 and 38.2fib back inside the rising channel. Almost 900 points off the bottom. Should look for further upside after posting brilliant earnings report.
Dixon Technologies is currently trading within a well-defined upward channel on the 4-hour chart, suggesting a bullish trend. The stock has touched key resistance levels in the range of ₹14,370 to ₹15,490, which could act as a potential upside target. However, there’s a notable cautionary signal—an invalidation level marked below ₹12,950. If Dixon closes below this level, it could signify a breakdown from the channel, indicating a possible bearish reversal.
Supporting the bullish sentiment, Dixon recently announced impressive earnings on October 24. The company outperformed market expectations, reporting revenue of ₹115.34 billion, which is 27.56% higher than the anticipated ₹90.42 billion. Additionally, the earnings per share came in at ₹34, beating estimates of ₹32.33 by 5.16%. This strong financial performance indicates robust business growth and highlights Dixon’s ability to capitalize on demand.
Overall, while technical indicators suggest the stock is poised for potential gains, investors should remain vigilant of the invalidation level as a risk threshold. If Dixon maintains its upward trend, supported by solid financials, it could continue to attract buyers, but caution is advised near the lower channel boundary.
DIXON Short Setup: Evening Star & Potential HNS with Trendline Weekly Analysis
Pattern Observed: Evening Star on Weekly Timeframe
Additional Insights
- The Evening Star pattern tends to be more reliable on Daily and Weekly timeframes, making this setup particularly noteworthy for swing traders.
Trade Setup
1. Entry: Enter after a decisive break below the low of the third (red) candle in the Evening Star pattern.
- Alternatively, you may enter on the fourth candle if it signals a reversal, with a stop loss set according to your risk tolerance.
2. Stop Loss (SL): Can be set based on your risk preference, usually just above the high of the Evening Star pattern.
3. Target (TGT): Consider scaling out at key support levels or use the measured HNS target as detailed below if the formation completes.
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Potential Head and Shoulders (HNS) Formation
Trade Setup for HNS Pattern:
1. Entry : Enter when price decisively breaks below the neckline on a closing basis.
2. Target (TGT): Measure the distance from the top of the head to the neckline and project it downwards from the neckline for your target.
3. Stop Loss (SL): Place the stop above the head of the HNS pattern.
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Additional Confirmation
I've drawn a trendline to monitor for a potential breakdown. If either the Evening Star or HNS pattern aligns with a trendline break, it would serve as an additional confirmation for a short position.
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This setup combines a confluence of technical factors, making it robust for weekly trading decisions. Comments and thoughts welcome!
IMPORTANT THINGS TO REMEMBER
1. Don't be fooled by opearators Theyll try it take it up to sell
2. Don't be a hero, follow SL with 1% extra loss max. (as setup is on Weekly TF)