DIXON trade ideas
MACD, RSI, SQUEEZE AND WAVETREND EASIST WAY TO ENTER THE TRADE ON GREEN DOT AND EXIT ON TO THE RED DOT IF YOU ARE TRADING ON 1 DAY CHART
Bearish Divergence in Dixon on Daily Chart! Bearish Divergence in Dixon on Daily Chart! Let's see. Will we see 14000/16000?
DIXON:NSE - DIXON TECHNOLOGIES - Smooth 200% run so far.From their website - Dixon Technologies provides design focused solutions in consumer durables, home appliances, lighting, mobile phones and security devices to customers across the globe, along with repairing and refurbishment services of a wide range of products including set top boxes, mobile phones and LED TV panels.
Super smooth consistent run. Could be worth a look.
great set up in dixon tech buy dixon tech accumulate 14075-14800 level and trgt 15833-16818 look at the rsi mark when stock comes to t blue mark stock is touching the green mark and now is i.e setup which can lift the stock to green mark which is 15833-16818 in short so accumulate in between the level 14075-14800 .
note-invest in own risk.
like my work
Dixon technologyHello!! Dixon technology looks a good stock its already on all-time highs because it's a new stock, I will not prefer to bet on a new horse, but if someone knows the fundamentals then can try this stock. in my view, it will retrace a bit till the levels given. #my_view #learner
Super bullish on DIXON This pic is for Investment
Buy DIXON From 7500-7700
SL 7000
Target 8500,9000,10000
Indian Government put restriction on the import of TV Sets and the sole beneficiary of it is DIXON only.
DIXON TECHNOLOGY IS BULLISH ONE It formed in invert hammer candle in the daily chart and a cup handle in the Price chart which shows clear bullishness,
#investocon recommendation is Buy on 15th JUNE 2020 and keep a stop loss around 4775
Target near 5250, 5320, 5400 WILL TAKE A REVIEW THERE IS A DELIVERY CALL, BUY AND HOLD IT FOR SOMEDAY BIG MOVE COMING
Will take a review tomorrow if It opened lower then avoid will say levels
Dixon Tech - at all time high - Buy#Dixon Tech
Look at 15 min chart. There is buying in last 1 hour of 1.1 Lakhs share. If you refer the delivery for the day it is 1.15 Lakhs shares. Highest delivery in this quarter at all time high. to purchase 1.1 lakhs share amount required is Rs. 52.8 cr. This means all the longs in last hours are made by Institutions. It seems retailers again sold at ATH on yesterday.
There are continues buying by Institutions since Aug-19 (go through 15 min chart). Retails shareholding decreased by 2 lakh shares (2.5%) as on 31st Mar-20.
There is Quarterly result in coming week. If you refer earlier results there were buying by institutions on previous 2-3 days before results.
Note - All the products of company are retail consumer based (like, LED, Mobile, etc), therefore there will be impact in current quarter's performance due to COVID. Also there is buying from Rs. 3,000 (24th March) to Rs. 4950 (29th May 2020), there could be sharp volatility on result day. Keep partially booking profit based on your target & risk.
Trade on your own risk.
