DIXON TECH – BREAKOUT TRADE

After a decent run upside, Stock has went into consolidation zone since 18th March 2021 till 20th June 2021. Staying in consolidation zone for almost 3 months, finally it has given breakout today. Now the important question is will it sustained?
DIXON DAILY CHART
DIXON 30 MINS CHART
There are 2 ways of entry to this stock – 1. Above day high which is swing high 2. At Breakout Retest level I’m waiting for the entry!! Cheers Sid
Disclaimer

I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.


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