Dixon

Dixon Technologies witnessed a strong breakout above key short-term exponential moving averages (EMA 50 & 100) with a 3% gain, closing at ₹15,163. This move signals renewed bullish momentum as the price reclaims levels above ₹14,850–14,900, previously acting as resistance. The breakout is further supported by the convergence of EMAs, indicating a potential trend reversal. If the stock sustains above the ₹15,200 mark, we may see upward continuation toward ₹16,000 in the coming sessions. Short-term trend has turned constructive, with EMA alignment now gradually favoring the bulls.