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INTRADAY BUY RECOMENDATION FOR DIXON

TANUSHRI LAYEK

TECHNICAL ANALYST

Aug 18 , 2022 / 12:04 PM

#big-profit •  #share-market •  #breakoutTrading •  #trademaniac • #INTRADAY

Dixon Techno (DIXON) Share trades in NSE in NSE stock exchange

Current price of 4006.15 is above previous day closing of 3899.65 and shows a change of nearly 87.2 during intraday. Price is above 20 day moving average of 3815.36

Intraday forecast of Dixon Techno is towards buy and stock might move higher. We recommend buy trade which could be profitable for a price target of 4100.05 with a stoploss of 3925.1 for today or tomorrow.

Dixon Techno Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Dixon Techno DIXON at this time. Stock is rising and might rise more.

It appears as if Dixon Techno DIXON gave a large move recently.

Stock of Dixon Techno (DIXON) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

As on 17 Wed Aug 2022 Stock of Dixon Techno closed at 4006.15 and moved within a range of 3904.05 & 4055.00 with a total volume of 623294 during the day, which is 2.73% from previous closing of 3899.65 and a volume of 2.435 times from previous volume of 255949