Strong Breakout in Dixon Tech

24 Nis

Dixon Technologies has been in a strong uptrend from May 2023. After a good consolidation and a pullback stock has broken it's previous Resistance and a strong trendline from December 2023. A swing trade around 8000 can give a decent return of 8-10% with a stoploss around 7250. Stock has also been following 50 day SMA closely.

Feel free to suggest new ideas and stock names.