Stock of the day : Dixon Technologies (India) Ltd by Target Rs. 775

2026-05-25 10:51:40 am | Source: Religare Broking Ltd

Stock of the day : Dixon Technologies (India) Ltd by Target Rs. 775 - Religare Broking Ltd

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Dixon Technologies (India) Ltd

BUY 11800 CE (JUNE) Dixon Technologies (India) Ltd CMP 578.75 Range 570-580 SL 485 Target 775

* DIXON has shown a strong bullish recovery following a prolonged corrective phase, supported by sustained buying momentum and improving price structure.

* The stock has reclaimed key short-term moving averages with a volume-backed breakout, indicating renewed institutional participation.

* Additionally, an upside breakout from a symmetrical triangle formation suggests strengthening upward momentum and potential trend continuation in the near term.

* Investors may consider buying the stock within the recommended trading range.

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Stock of the day : Dixon Technologies (India) Ltd by Target Rs. 775 - Religare Broking Ltd

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