Stock Information Portal

Price and trend forecast of DIXON for Tomorrow, Weekly, Monthly

Dixon Technologies (India) Limited


ISIN: INE935N01020


As on 2024-05-27

3,652.40 (52W Low) 9,488.20 (52W High)

DIXON's Today's Performance

Dixon Technologies (India) Limited started the day by opening at 9,360.90 today 2024-05-27. Its shares reached a high of 9,360.90 and dipped to a low of 9,178.70 in intraday. When the markets closed, DIXON’s stock price settled at ₹9,264.70 per share. Also check out its key support and resistance levels.

DIXON Buy/Sell Targets

Tomorrow, sell DIXON when its price reaches ₹ 9,264.70 with a stop-loss order at ₹ 9,354.09. You can set the target price as ₹ 9,175.31 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of DIXON for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for DIXON

Downside Targets Value in ₹
Tomorrow Down Target 1 9,358
Tomorrow Down Target 2 9,450
Tomorrow Down Target 3 9,540

Important Levels for DIXON

Holding Levels Value in ₹
Tomorrow Up Target 1 9,175
Tomorrow Up Target 2 9,086
Tomorrow Up Target 3 8,993
Based on where the stock opens tomorrow, if DIXON opens on a positive note, our first target will be ₹9,358. If Target 1 is achieved, we will aim for Target 2 which is ₹9,450.

But if DIXON falls below the average value of ₹9,268.10, you can enter a sell side position with target number 1 - ₹9,175 and second target - ₹9,086 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of DIXON

Looking at DIXON, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, DIXON has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for DIXON is moderate bullish.

Tomorrow's Volume based share price Forecast for DIXON

DIXON's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -83%.

Reversal detection for DIXON

Predicted trend chart of DIXON tomorrow for price forecast
DIXON may trend may continue to be bearish since stock is making lower low and we can get target of ₹9300 in morning tomorrow
Target 1 tomorrow9338
Target 2 tomorrow9381
Target 3 tomorrow9450

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with DIXON's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if DIXON opens on a positive note, our first target will be ₹9,357.50. If Target 1 is achieved, we will aim for Target 2 which is ₹9,450.30.

But if DIXON falls below the average value of ₹9,268.10, you can enter a sell side position with target number 1 - ₹9,175.30 and second target - ₹9,085.90

DIXON's Weekly Targets
1st Up Target 9,357.50
2nd Up Target 9,450.30
1st Down Target 9,175.30
2nd Down Target 9,085.90

As the week for DIXON ended on bearish sentiments, we can expect further continuation of this sentiment. DIXON's initial target will be 9,357.50 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 9,175.30 in the upcoming week.

Weekly OHLC Values
Open 9,360.90
High 9,360.90
Low 9,178.70
Close 9,264.70

Week for DIXON started with an open price of 9,360.90, and the close was at 9,264.70. DIXON reached the highest of 9,360.90 and dipped lowest up to 9,178.70 last week. This indicates a bearish sentiment for the week.

DIXON full month swing targets
Monthly Up Target 1 9,539.70
Monthly Up Target 2 9,632.50
Monthly Down Target 1 8,993.10
Monthly Down Target 2 8,721.50

Targets of ₹9,539.70 can be expected to be reached in the coming month. Once DIXON achieved this target, we can aim for the next upside target of ₹9,632.50.

DIXON if fails to hold upside, down targets of ₹8,993.10 and ₹8,721.50 can be achieved by end of this month.

For complete three weeks if DIXON is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

Related Stocks in the Same Sector as DIXON

Symbol Name Industry
TCS Tata Consultancy Services Limited Information Technology Services
INFY Infosys Limited Information Technology Services
CYIENTDLM Cyient DLM Limited Electronic Components
HCLTECH HCL Technologies Limited Information Technology Services
IDEAFORGE ideaForge Technology Limited Computer Hardware


DIXON is expected to reach the target of 9,357.50 in tomorrow's trading session.

After achieving the initial target in DIXON, we will aim for higher targets of 9,450.30 tomorrow.

However, if DIXON starts to trade below ₹9,268.10, then we will shift our focus to the sell side and aim for down targets of 9,175.30 and 9,085.90.