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Lovelesh Sharma

19th Aug · SEBI-Registered Analyst

Dixon Technologies - Preparing for Long bullish run

DIXON
is breaking out of a well-defined triangle pattern on the daily chart, signalling renewed buying interest. The breakout is supported by a positive moving-average crossover, strengthening the bullish setup. Price continues to hold above the key moving averages, keeping the broader trend firmly positive. ₹14,500–₹14,600 is the immediate resistance zone to watch above the breakout. As long as the breakout sustains, the bias remains bullish with momentum favoring the bulls.

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Screenshot 2026-08-19 142148.png
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