DIXON

further fall may be expected

On 7th April 2025, the candlestick formed was outside the lower band of the Bollinger Band which indicates that the stock price was trading in an oversold zone, and a rise in price may be seen After that, an uptrend has been seen in the stock price of On 15th April, the stock price gave its closing about 200 moving average, after that, a sharp uptrend was found From 23rd April 2025, the stock price of Dixon Technology started consolidating and formed a sideways pattern with support and resistance levels of 15000 and 17000, respectively Today, the stock price has fallen approximately 6% till now A further fall in stock price may be seen The investor should wait for the stock price to close below the important support level of 15,000