DIXON Tech is in an uptrend on the Daily charts and has come into the buying zone.
Price has been forming consistent Higher Lows since April 2025 which shows that there is good buying happening at each correction.
The stock had corrected into the strong support zone by end of Sep-25 and now it has given a good price action on the Hourly chart that indicates that buyers are once again stepping in.
I have built long position in the stock for a Target of 22,800 price level which will be a new All time high for the stock.
SL is kept at 15,980. Potential returns targeted is 30% +
P.S. Not a recommendation. Pls do your own due diligence.
Price has been forming consistent Higher Lows since April 2025 which shows that there is good buying happening at each correction.
The stock had corrected into the strong support zone by end of Sep-25 and now it has given a good price action on the Hourly chart that indicates that buyers are once again stepping in.
I have built long position in the stock for a Target of 22,800 price level which will be a new All time high for the stock.
SL is kept at 15,980. Potential returns targeted is 30% +
P.S. Not a recommendation. Pls do your own due diligence.
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