DIXON.NS Stock Shows Impressive bearish Momentum with -13.75% Movement on Jan 21, 2025

    Date:  Jan 21, 2025 (Tuesday)
    
    open  :  ₹17248.25
    close :  ₹15144.35
    low   :  ₹15028.00
    high  :  ₹17351.00 
    
    previous close:  ₹17559.45 
    

On Jan 21, 2025 (Tuesday), DIXON TECHNOLOGIES INDIA LIMITED (DIXON.NS) in the Technology sector showed bearish momentum of -13.75% relative to previous day's close. The stock belongs to the consumer electronics industry within the Technology sector.

At the opening bell, the stock started with a moderate gap down at ₹17248.25, compared to the previous close of ₹17559.45 (a moderate gap down of -1.77%).

DIXON TECHNOLOGIES INDIA LIMITED which is a Large-Cap stock hit a high of ₹17351.00 and a low of ₹15028.00, creating a trading range of ₹2323.00. The price movement for the day was -12.20% lower than the opening price.

During the day's session, the DIXON TECHNOLOGIES INDIA LIMITED saw a significant increase in trading activity, trading 2,171,471 shares, which is up 286.51% from the average of 561,817 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.

The stock showed high volatility (15.34%) with a wide trading range and a large movement (the stock surged from ₹15028.00 to ₹17351.00).

If we look at the last 30 days daily chart, the stock has been in a sideways market, but today’s close < open forms a bearish candle, showing a negative move and indicating selling pressure as bears take control.