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DIXON

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. --- 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. --- 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. --- 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)
NSE:DIXONShort
by The2PercentTrader
Dixon's Bearish Breakdown – All Targets Smashed!DIXON Stock Technical Analysis: In the 15-minute timeframe, Dixon saw a short trade entry at ₹15,199.60, with prices moving decisively lower, hitting all the predefined targets. Key Levels: Entry: ₹15,199.60 Stop Loss (SL): ₹15,349.80 Target 1 (TP1): ₹15,013.95 Target 2 (TP2): ₹14,713.50 Target 3 (TP3): ₹14,413.10 Target 4 (TP4): ₹14,227.45 Observations: The price plunged after a clear rejection below the Risological dotted trendline, confirming the downtrend. Dixon met all short targets as it continued its bearish trajectory. This short trade capitalized on a strong breakdown, with all targets being successfully hit. Traders should remain cautious as the bearish momentum might be slowing down, offering potential reversal signals ahead.
NSE:DIXONShort
by ProfitsNinja
Dixon Daily Trade: 350% Massive Growth SecuredWe entered a long position on Dixon at 3253.30, and the trade has seen a remarkable growth of 358.54% over 511 days. With all targets up to TP4 (5619.40) successfully achieved, the trailing stop is currently at 11,790 to protect and safeguard our profits. This trailing stop will ensure that gains are locked in if the price pulls back to this level. Target Points Achieved: TP 1: 3686.05 TP 2: 4386.35 TP 3: 5086.65 TP 4: 5619.40 Trailing Stop: 11,790 Stop Loss (SL): 2903.15 We’ll continue to hold the position as the price trends upward, while the trailing stop secures our profits. This massive positional trade demonstrates the strength of the Risological swing trading indicator. Another killer trade caught!
NSE:DIXONLong
by ProfitsNinja
DIXON - Bullish Swing ReversalNSE: DIXON is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:DIXONLong
by BrahmaBull31
DIXON BULLISH DIVERGENCE ON DAILY CHART!!!!Hello to everyone, As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in Dixon. The price consolidating in a range from last few days. As per the theory of range, the price will go to the side on which the breakout occurs. But here the price is trading in oversold zone and BULLISH DIVERGENCE is also happening between PRICE & RSI on daily chart. So there is higher probability of that breakout will happens upside. Dixon 👉🏻Added in watchlist✅👍 👉🏻Breakout possible above 2860+ close (Buy abv BO)✅ 👉🏻Above breakout gap filling possible 3150 to 3350+🎯 👉🏻Quality stock👍 👉🏻Base support made at 2550👍 👉🏻RSI Bullish Divergence✅ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
NSE:DIXONLong
by Jha_Nidhi
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