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.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.