DIXON - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.4

📊 Intraday Trading Analysis — DIXON

DIXON is currently exhibiting a strong momentum-driven setup for intraday trading. Despite fundamental concerns like high valuation and profit contraction, the stock’s technical indicators and volume surge make it attractive for short-term trades.

✅ Bullish Indicators

Momentum & Price Action

RSI at 72.3: Overbought zone — strong momentum, but watch for exhaustion.

MACD at 440: Extremely bullish — confirms upward price action.

Price is trading well above both 50-DMA (₹16,928) and 200-DMA (₹15,373) — strong technical structure.

Current price (₹18,327) is just below 52-week high (₹19,150) — potential breakout zone.

Volume Strength

Current volume (2.77L) is significantly above 1-week average (1.56L) — strong trader interest.

Institutional Sentiment

DII holding increased by 3.61% — strong domestic support.

⚠️ Risks to Watch

Valuation

P/E of 782 and PEG of 674 — extremely overvalued.

Profitability

ROCE (11.7%) and ROE (8.71%) — modest capital efficiency.

PAT dropped from ₹65.7 Cr to ₹15.9 Cr — 43.2% decline.

FII Sentiment

FII holding declined by 1.26% — foreign caution.

🎯 Intraday Strategy

🔽 Optimal Buy Zone

Entry Range: ₹18,300–₹18,330

Trigger: Price sustains above ₹18,325 with volume >2.5L in first hour

📈 Profit-Taking Levels

Target 1: ₹18,480 — minor resistance

Target 2: ₹18,600–₹18,650 — if momentum builds

🛑 Stop-Loss

₹18,180 — below VWAP and intraday support

🕒 If You Already Hold Today

🔄 Exit on Weakness

RSI drops below 69 with declining volume

Price breaks ₹18,200 with bearish candle (e.g., engulfing or shooting star)

🚀 Exit on Strength

Price hits ₹18,600+ with RSI >75 and volume >3L

MACD histogram flattens or turns negative — signal to book profits

This setup favors momentum breakout scalping with disciplined exits. Let me know if you'd like help setting up a VWAP overlay or trailing stop for DIXON.

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