Rocky_Chow

Dixon Tech working hard to leap beyond the 30 WSMA

Long
NSE:DIXON   DIXON TECHNOLOGIES
Dixon Tech is on the verge of crossing the 30 week SMA line. A breakout from the ascending triangle is also coinciding with this which can only be confirmed this friday but sometimes one is enticed to take early entry in anticipation as this reduces the stoploss amount. However, this is not what the masters of technical analysis say in their books so one must apply their own discretion. The target is coming to 4738 but there is resistance at 4690. Stop loss may be taken on close below 3990

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