Dixon Technologies share price touch 52-week high as arm signs contract with Xiaomi for smartphone production
₹5,334.95 apiece on BSE and hit intraday high at ₹5,379.85 and low at ₹5,241.50. Dixon Technologies shares during Thursday's session slipped into the red zone.
For last three straight sessions, Dixon Technologies stock price saw gains. According to Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One, this week has witnessed robust momentum in the stock price, resulting in significant outperformance.
Also Read: MCX share price hits record high as exchange set to launch commodity platform "Nonetheless, as we approach the monthly expiry, there is a degree of caution evident at elevated levels. Nevertheless, the overall sentiment remains bullish, and investors should maintain a positive outlook on this stock.
Utilising downturns as buying opportunities is recommended, with initial support levels expected around 5,180, while resistance is notable at the 5,500 mark," said Bhosale. "Exciting news! Mint is now on WhatsApp Channels
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