varadtambolkar

Dixon Tech Reay for next up-move

Long
varadtambolkar Aggiornato   
NSE:DIXON   DIXON TECHNOLOGIES
Simple consolidation after bull run.
Now next upmove will begin
Below are the observations that increase probability of breakout

Double Bottom on 3rd touch


3rd touch on weekly trend line


Flag & pole

Commento:

Dixon tech . Down move with volumes and structural breakdown. Today made a new swing High. Volumes increasing. Most probably weak hands were thrown out. Head and shoulder pattern invalidated today. Over-all can give a big breakout.
Trade chiuso: obiettivo raggiunto:
Time to money home
30% move complete

Those who want to trail can hold partial qty with 4720 as SL

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