DIXON - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | DIXON | Market Cap | 61,928 Cr. | Current Price | 10,194 ₹ | High / Low | 18,472 ₹ |
| Stock P/E | 82.9 | Book Value | 468 ₹ | Dividend Yield | 0.08 % | ROCE | 11.7 % |
| ROE | 8.71 % | Face Value | 2.00 ₹ | DMA 50 | 11,129 ₹ | DMA 200 | 13,347 ₹ |
| Chg in FII Hold | -2.01 % | Chg in DII Hold | 0.13 % | PAT Qtr | 187 Cr. | PAT Prev Qtr | 479 Cr. |
| RSI | 43.8 | MACD | -195 | Volume | 6,77,303 | Avg Vol 1Wk | 7,25,284 |
| Low price | 9,620 ₹ | High price | 18,472 ₹ | PEG Ratio | 71.4 | Debt to equity | 0.28 |
| 52w Index | 6.48 % | Qtr Profit Var | 7,383 % | EPS | 159 ₹ | Industry PE | 35.8 |
📊 Dixon Technologies (DIXON) shows weak intraday potential today. RSI at 43.8 indicates neutral momentum, while MACD is sharply negative (-195), confirming bearish sentiment. Current price (10,194 ₹) is below both 50 DMA (11,129 ₹) and 200 DMA (13,347 ₹), reflecting sustained weakness. Volume (6,77,303) is slightly below average (7,25,284), limiting breakout potential.
💡 Optimal Buy Price: 10,150–10,200 ₹ (near support)
🎯 Profit-Taking Levels: 10,350–10,450 ₹ (short-term resistance)
🛑 Stop-Loss: 10,050 ₹ (recent low)
⏳ If already holding intraday: Exit near 10,350–10,400 ₹ if momentum weakens or if price fails to sustain above 10,200 ₹ with volume confirmation.
Positive
- EPS of 159 ₹ supports earnings strength.
- Large market cap (61,928 Cr.) ensures liquidity and institutional interest.
- DII holdings increased slightly (+0.13%), showing domestic support.
- Quarterly PAT recovery (187 Cr. vs 479 Cr. prior) still reflects profitability.
Limitation
- Stock trading below both 50 DMA and 200 DMA indicates bearish trend.
- High P/E (82.9) compared to industry average (35.8), suggesting overvaluation.
- Weak ROCE (11.7%) and ROE (8.71%) show modest efficiency.
- FII holdings decreased (-2.01%), reflecting reduced foreign investor confidence.
- PEG ratio (71.4) suggests valuation is stretched relative to growth.
Company Negative News
- No major negative news reported, but weak technicals and high valuation weigh on sentiment.
Company Positive News
- EPS of 159 ₹ highlights strong earnings base.
- DII inflows show domestic confidence in the company.
Industry
- Industry P/E at 35.8 is much lower than Dixon’s 82.9, suggesting relative overvaluation.
- Electronics manufacturing sector remains growth-oriented, supported by government initiatives but faces margin pressures.
Conclusion
⚠️ Dixon Technologies is not an ideal intraday candidate today due to weak momentum, stretched valuations, and price trading below key averages. Short-term traders may attempt a bounce trade near 10,150–10,200 ₹ with a tight stop-loss at 10,050 ₹, but risk remains elevated. Conservative traders should avoid aggressive intraday positions until momentum indicators improve.