RSI Divergence 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.
DIXON trade ideas
DIXON In Bullish Mode !!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 !!
DIXION Break outNSE:DIXON
Long time RS positive stock. retesting the 8200 levels after breaking out.
Heading towards all time high.
Review and plan for 16th May 2024Nifty 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
DIXONthis stock breakout ATH level and retest that level TGT will be 1:4 Risk reward
and this is just for Educational purpose only
Dixon 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.
Dixon A Very Lucrative Long 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 - A Breakout Soon PickDixon (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 only. DYOR & Trade.
DIXON TECH Wave AnalysisIntroduction :
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 considered a promising investment, current circumstances warrant a cautious approach.
Technical Analysis:
Breach of Bullish Trendline: Dixon Technologies has recently breached its bullish trendline, indicating a shift in market sentiment. Technical traders often interpret such breaches as potential signals of a change in trend direction.
Wave Count Analysis: The wave count analysis reveals the completion of internal degree 5 waves. This information is crucial in understanding the stock's current position within the market cycle and anticipating future movements.
Intermediate Degree Waves (1) and (2):
Intermediate degree wave (1) concluded at 6236.50 in October 2021.
Intermediate degree wave (2) completed at 2551.4 in January 2023.
Current Status - Intermediate Degree Wave (3):
The stock is currently in the midst of intermediate degree wave (3).
Wave 1 of intermediate degree wave (3) has been accomplished.
Q3 Concerns:
The anticipation of potential bad news in the Q3 results adds a layer of uncertainty to Dixon Technologies' current standing. This concern, coupled with the completion of internal degree 5 waves, may contribute to increased market volatility in the short term.
Investment Implications:
While Dixon Technologies is generally considered a solid investment, the current technical indicators and potential negative Q3 developments suggest a need for caution. Investors should closely monitor the situation and consider adjusting their positions based on the evolving market conditions.
Disclaimer:
This research is based on technical analysis and prices available on @tradingview. It is important to note that I am not a SEBI registered analyst. The content provided should not be construed as financial advice, and individuals are encouraged to conduct their own research or consult with a qualified financial advisor before making any investment decisions. The author does not take any responsibility for the accuracy or completeness of the information provided, and trading decisions based on this research are at the sole discretion of the individual investor.
Any idea. Will it go upward or downwardAny idea? Will it go upward or downward? It looks like it's forming a triangle. RSI of a daily chart showing divergence
Bullish Flag pattern breakout in DIXONDIXON 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-.
40% gain dixon technology 40% gain dixon technology
Complex riverse head & shoulder breakout
Bullish
Duration 1 year
Good stock to go
All Time High Breakout. Soon It will be rocketSoon 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 daily close above resistance 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
DIXONDixon is going to ready for new move as earlier it has given gud after awsome consolidation. now again giving break out from last resistance supported by gud volume.
Don't buy your full qty in one time average in every price.
SL will be 4413
Dixon 52 week lifetime high monthly breakout Dixon technology 52 week lifetime high breakout with huge spurt in volumes and received good news from Lenovo laptop making contact pact sign so our next target will be 6659,6954,7135.
DIXON TECHNOLOGIES LEVELSHi, Here i am sharing you upcoming support and resistance of NSE:DIXON .
This is my personal analysis, only to learn stock market behavior. Thanks.
DixonThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
❗I am not sebi ragister❗
Dixon Tech is near BreakoutDixon Technologies is near Breakout with a good volume,
has made support and Resistance trendline
Buy Above 5630 and 1st target is 6000
Target 8405 based on fibonacciBased on trendlines I have drawn few trendlines, Now
1) Stock movement will be within range of 5000 and 5500,
2) breakout may occur after 5450
3) consolidation at 5900-6000
4) Again big breakout may occur at 6000
5) Note: HH and HL are must in process.
