DIXON - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | DIXON | Market Cap | 70,885 Cr. | Current Price | 11,681 ₹ | High / Low | 18,472 ₹ |
| Stock P/E | 94.9 | Book Value | 468 ₹ | Dividend Yield | 0.07 % | ROCE | 11.7 % |
| ROE | 8.71 % | Face Value | 2.00 ₹ | DMA 50 | 12,185 ₹ | DMA 200 | 14,243 ₹ |
| Chg in FII Hold | -2.01 % | Chg in DII Hold | 0.13 % | PAT Qtr | 187 Cr. | PAT Prev Qtr | 479 Cr. |
| RSI | 55.8 | MACD | -447 | Volume | 16,33,944 | Avg Vol 1Wk | 14,36,159 |
| Low price | 9,828 ₹ | High price | 18,472 ₹ | PEG Ratio | 81.8 | Debt to equity | 0.28 |
| 52w Index | 21.4 % | Qtr Profit Var | 7,383 % | EPS | 159 ₹ | Industry PE | 25.9 |
📊 Analysis: DIXON is trading at 11,681 ₹, below both its 50 DMA (12,185 ₹) and 200 DMA (14,243 ₹), showing weak technical strength. RSI at 55.8 indicates neutral momentum, while MACD (-447) suggests strong bearish undertone. Current volume (16.3L) is slightly above the 1-week average (14.3L), pointing to steady intraday participation. The setup favors cautious trades with limited upside potential.
💰 Optimal Buy Price: 11,650–11,700 ₹ (near support zone)
📈 Profit-Taking Levels: 11,800–11,950 ₹ (short-term resistance)
⚠️ Stop-Loss: 11,550 ₹ (below support)
⏳ If Already Holding: Exit intraday if price fails to sustain above 11,650 ₹ or if RSI dips below 54 with weakening momentum. Book profits near 11,800–11,950 ₹ if momentum slows. Watch MACD widening negatively as a clear exit signal.
Positive
- EPS of 159 ₹ supports valuation strength.
- Quarterly profit variation (+7,383%) shows strong rebound.
- Volume above average, indicating active intraday participation.
- DII holdings increased (+0.13%), reflecting domestic institutional support.
Limitation
- Trading below both 50 DMA and 200 DMA, showing weak technicals.
- Extremely high P/E (94.9) compared to industry average (25.9), suggesting severe overvaluation.
- ROCE (11.7%) and ROE (8.71%) are modest, showing weak efficiency.
- MACD strongly negative, indicating weak short-term momentum.
- PEG ratio (81.8) signals expensive valuation relative to growth.
- Dividend yield of 0.07% is negligible.
Company Negative News
- No major external negative news reported, but sharp PAT decline (479 Cr. to 187 Cr.) and FII outflow (-2.01%) are concerns.
Company Positive News
- Quarterly profit rebound (+7,383%) shows operational recovery.
- DII holdings increased, reflecting confidence from domestic institutions.
Industry
- Industry P/E at 25.9 is far lower than DIXON’s P/E (94.9), highlighting relative overvaluation.
- Electronics manufacturing sector remains growth-oriented with strong demand, though margins are under pressure.
Conclusion
🔎 DIXON offers moderate intraday potential with support near 11,650 ₹ and resistance around 11,800–11,950 ₹. Momentum indicators suggest caution, as MACD is strongly negative and valuation is stretched. Best strategy: Buy near support, exit near resistance, and protect downside with a strict stop-loss at 11,550 ₹.