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Technicals for Dixon Technologies (India) Limited
By MusingTheNews
2025-07-16 20:31
Overall Technical outlook
Price Summary
Dixon Technologies (India) Limited's stock opened at 16376.0 on 2025-07-16, surged to 16450.0, dropped to 16011.0, and ended -1.69% lower at 16099.0, with 831164 shares traded. The stock's highest price over the 52-week span is 18940.15, while the lowest price is 10910.15. Future price predictions suggest a range between 9085.0 and 21409.0, with an average expected price of 16504.857, as per 28 analysts.
Technicals
Support and Resistance: The price is currently at 16099.0, supported by 15584.9 and resisted by 16433.0. This indicates a range where 15584.9 may provide a base for the price, while 16433.0 serves as a cap on further upward movement for DIXON. Support/Resistance for DIXON
Aroon: The continuation of Aroon's bullish trend, with Aroon Up at the 100 level, signals ongoing strength. To fully understand the implications of this trend, it should be examined further in conjunction with other technical indicators. Aroon chart for Dixon Technologies (India) Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Dixon Technologies (India) Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for DIXON. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Dixon Technologies (India) Limited
Stochastic: The K-line has fallen below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move might be beginning. This pattern indicates that the market may be losing upward momentum, possibly leading to a reversal. Investors should remain cautious and look for additional bearish confirmation. Stochastic chart for Dixon Technologies (India) Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Dixon Technologies (India) Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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