Dixon Technologies is currently consolidating within a broad descending channel, facing resistance near ₹18,200 and support around ₹14,000. The stock trades above its 50-week EMA (~₹15,299), indicating some underlying strength. MACD and Bollinger Bands on weekly charts are mildly bullish, signaling short-term momentum, but monthly indicators suggest caution. Key levels to watch are ₹16,800 support and ₹18,000 resistance, with a breakout above ₹18,200 likely triggering an uptrend towards ₹19,500-₹20,000.
BUY : DIXON28OCT2517000CE( DIXON ) [81983]
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