⚙️ Dixon Technologies – Sharp Selloff After Sector Weakness

tanked –8.6% to ₹12,351, marking its steepest single-day decline in months. Reason for fall: Broader pressure on EMS (electronics manufacturing) space after Kaynes Tech’s governance concerns sparked investor nervousness across peers. Reports of margin contraction due to component cost pressure and inventory build-up added to worries. FII profit booking intensified amid overbought valuations. Technical view: RSI crashed to 16, deep oversold territory. Price far below 9-EMA (₹13,683); next support seen near ₹12,000. 💡 Tone: Oversold but sentiment remains fragile until sector stabilizes.