The stock $DIXON has made a strong comeback after a prolonged correction and is now trading in a clear uptrend. The stock has been forming higher highs and higher lows over the past few months reflecting strong buying interest. The recent rally has been supported by improving momentum indicating that bulls remain firmly in control. While the stock looks technically strong the sharp rise in a short period may lead to some profit booking or sideways consolidation before the next move higher. The immediate support is placed around ₹13800–₹14000 which is the first demand zone. If this level is breached, the next strong support lies near ₹13200–₹13400. On the upside the first resistance is around ₹14500–₹14700. A decisive breakout above this zone with strong volume could open the way for ₹15500–₹16000, while the major long-term resistance is near ₹17000–₹18000. The technical structure remains firmly bullish supported by higher highs and higher lows. Although some consolidation is possible after the recent rally, the broader trend continues to favor the bulls. Sustaining above ₹14700 would strengthen momentum and improve the probability of fresh lifetime highs in the coming weeks.

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