Dixon Technologies shares tumble 6% in 2 weeks. Is long-term bullishness intact?

January 16, 2025

The Dixon Technologies stock rebounded from its support near Rs 15,953, with resistance around Rs 17,295. It trades below its 20-day and 50-day EMAs of Rs 17,391 and Rs 15,869, signalling short-term weakness. However, staying above the 100-day EMA at Rs 14,417 reflects medium-term support, suggesting potential stability despite recent challenges in the shorter timeframe.

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