DIXON trade ideas
DIXON: Ascending TraingleDixon has formed Ascending triangle with the target of around 5365 and SL at around 4250.
Let's see how this trade goes.
Dixon Tech approaching ascending triangle breakout Buy above 4480
With Sl below 20 dma closing basis, initial Sl 4130
Target 5850 as per pattern
Dixon Technology's game is strong😈Long on Dixon technology and expecting the company to give 10%+ in a short span of time.
Dixon Technologies : BUY : Target 5100 : 1 MonthNSE:DIXON
MACD Crossed Over
+DI Crossed above -DI and ADX is gaining
Price hit channel and moved upwards
If price breaks 4243 resistance level, Good uptrend expected
✅↗️ BIG MOVE EXPECTED FROM THIS✅✅↗️ BIG MOVE EXPECTED FROM THIS✅
- STOCK NAME : DIXON TECH.
- SCRIP : NSE: DIXON
- INDUSTRY : TECHNOLOGY
- LTP : 4427.15
- ✅TECHNICAL ANALYSIS DETAILS✅
1. ASCENDING TRIANGLE FORMATION .✅
2. CAN CONTINUE LONG UPTREND.✅
3. MACD BULLISH CROSSOVER.✅
4. CAN GIVE BIG UPMOVE IF SUSTAINS ABOVE 4460. ✅
5.RSI LEVEL IS ALSO STRONG.✅
6. BREAKOUT WITH DECENT VOLUME. ✅
7. RESPECTING TRENDLINE - UPTREND.✅
NOTE❗ : AFTER BREAKOUT PRICE MAY CONSOLIDATE A BIT AFTER A LONG RALLY & RETEST ON BREAKOUT LEVEL ACTING AS SUPPORT.
🚫This is only for Educational Purpose 🚫
➡️Consult Your Financial Advisors Before Taking Any Trade💻
Dixon TechnologiesCup and handle formation. entry only after breakout of resistance line. Volumes picking up day by day.
Once done, trade can be targeted for 1.618 fib levels ie; 5148 INR
SL could be placed below 50EMA
Dixon : is it ready to go UP!??DIXON : in the process of consolidation and forming symmetrical triangle. If price close above it, go long!
DIXON Weeekly breakoutHi, wait for this weekly to close abve the Bullish continuation - Flag pattern
Looks good for 20% upmove
DIXON TECHNOLOGY dixon tech. day chart
bulish trend of ema 13,21,34
rsi @ 70+ strong momentum
forming cup and handle
buy cmp @4358
SL 3997
target 5098.
Cup and handle patternCup and handle pattern is forming. Could expect a breakout soon. Keep this stock in your watch list
Dixon TechnologiesThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Dixon TechnologiesDixon Technologies has posted excellent Q4 results. A entry above 4040 would be ideal for next leg of rally.
