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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.

A total of 15,270 shares changed hands on the counter till 02:08PM (IST).

Brokerage firms, including Yes Securities and Emkay, have provided positive recommendations on key stocks like Angel One and Dixon Technologies. They highlight significant upside potential over a one-year period, such as a 26% rise for Angel One, 22% for Dixon Technologies, and 28% for Devyani International, encouraging investors to consider these stocks carefully.

​But there is a whole lot that has combined to probably disappoint the markets but then there is probably a whole lot of monitorables that can turn it around as well for Reliance over the next 12 to 18 months.

On the technical charts, the RSI of the stock stood at 46.9.

The stock quoted a 52-week high price of Rs 5484.00 and low of Rs 3400.00.

A total of 19,043 shares changed hands on the counter till 01:02PM (IST)

The Indian market is expected to trade higher on Thursday, supported by positive global cues. India VIX dipped, indicating reduced investor concerns. Derivatives data shows cautious sentiment with key resistance at 23,300 and support at 23,200. Experts recommend a "Buy near support, sell near resistance" strategy. Stocks like BSE, Elecon Engineering, and Power Grid are suggested for short-term trading.