Dixon Tech_Triangle breakout _ squeezingDixon Tech_Triangle breakout _ squeezing
In dixon tech, on Daily time frame breakout is expected as it has been under squeeze and may give breakout from triangle formation.
DIXON trade ideas
DIXONDIXON - Watch out the pattern formations here.
Box breakouts & J-hook setups.
These set ups have added to the stock strength.
dixonNSE:DIXON
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Dixon Technologies Continuously moving upwards in a channel and currently is on ema20 support any green candle with nice volume good market sentiment could be a good entry, however if seek support 4845 and 4735 will be immediate and strong support, and anytime breaks channel created with green trendline can result in quick rally and new levels.
Dixon TechnologyDixon Technology is a contract manufacturing company. With PLI scheme and focus of manufacturing getting shifted from China, I believe, this company will do good.
DIXON Daily Time Frame AnalysisDIXON Daily Time Frame Analysis
SO given a good breakout with a good volume
- If it continues it rally we can see 5500-5800-6000 within next few sessions
- But may consolidate it is good as long as it is above 5000
-Green Candle are Resistance
-Yellow are support
Let's see where it goes
*Just m views not an investment advice*
Dixon TechDixon Tech
CMP - 4380 good support
Can enter at current levels 4380
1st Target - 4480
2nd Target - 4717
Positive: Above 50 MA
RSI - 59 Good
Daily MACD - uptrend
Alert: if it drops then we might see a fall till 3964
My suggestion - Enter at CMP or buy on dips
Dixon moving after a gapupStrong uptrend from the channel support and the POC.
Moving above the cloud now.
It opened gapup on the 23rd and continued without the gap being filled.
SL just below the gap 4148
DIXON60MINDIXON 60MIN is correcting a little bit and now reversing. It is showing a head and shoulders pattern the bottom pink box is the support and the upper pink box the resistance, also red lines are the resistance can buy after the candle closes in 15MIn timeframe above the upper pink box.
DIXON BUYING ZONEDixon Technologies (India) Ltd.
BSE:540699 | NSE:DIXONEQ | 58888:dixtec | IND:Electronics/Electricals | ISIN code:INE935N01020 | SECT:Consumer Durables
BSE LIVE
16:00 | 04-10-2021
4862.40
Change:
13.15(0.27%)
Volume:
68,764
Open:
4931.00
Prv. Close:
4849.25
Today:
4830.05Dixon Technologies (India) Ltd.5070.00
52-Wk:
1678.00Dixon Technologies (India) Ltd.5070.00
Bid:
0(0)
Offer:
0(0)
NSE LIVE
15:59 | 04-10-2021
4859.80
Change:
15.20(0.31%)
Volume:
872,863
Open:
4939.95
Prv. Close:
4844.60
Today:
4830.00Dixon Technologies (India) Ltd.5072.30
52-Wk:
1675.00Dixon Technologies (India) Ltd.5072.30
Bid:
0(0)
Offer:
0(0)
DIXON - Strong Breakout - DIXON
- Clean Breakout forming a Triangle pattern
- Breakout from previous resistance at 4690
- Supported with Increasing Volumes
Swing Study
Trend Changing
- Fresh higher high formed with huge volume bar
- Taking beautiful support of previous high
We took an entry at marked levels, alternatively can be taken after break of major resistance of 4650 on Daily close basis
(only for educational purposeS)
Dixon Expecting big move above 4420 in dixon.... Right now two scenario on chart..... Head and shoulder pattern forming... You can long above 4350
And short below 4200......if moves down side you can add from 4150 and 4000 .... Expecting 5050++ target upto diwali and 6000 upto end of this year..... Idea above short term and even long term....
Dixon 4042 #ghc3barDeciderDixon 4042 #ghc3barDecider
Already corrected, seems ready for fresh upmove
Buy Dixon Target 🎯 4586Buy Dixon Target 🎯 4586 because it's on support and target is its resistance.
Dixon Technologies (India) LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Buy Dixon Tech @4700 if Crossing 4700 levels for Swing TradeSwing Trade for Dixon Tech Buy @4700 if crossing 4700 levels
