Diginex Limited (DGNX), 1D

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Diginex Limited (DGNX), 1DDiginex LimitedNASDAQ:DGNXTWRTEAMπŸ“Š Chart Overview Price: $65.50 – $67.70 Trend: Sideways β†’ starting an Upswing Momentum: βœ… 100% Upswing (AO = Accumulation phase) Tech Score: 60 β†’ Signal = BUY VWAP: $61.08 (price trading above VWAP, bullish bias) Float/Volume: Very light activity (0.02M / 6M), so price can move sharply on small volume 🎯 Targets & Risk Plan TP1 (Momentum Hold): $81 TP2 (Intensity Zone): $93 TP3 (Breakout Shift Zone): $105 TP4 (Max Exhaustion): $116 Custom Range (your input): $93 – $110 as the main swing target zone πŸ›‘ Stop Loss System Estimated Stop: $55.5 (–14.86%) Your Custom SL: $55.0 Positioned below the Capital Defense Line ($46) but tight enough to avoid deep drawdowns. βœ… Trade Strategy Entry Zone: $65–67 (current range, above VWAP support) Stop Loss: $55 (protect capital at structural support) Primary Target: $93–110 (aligns with TP2–TP3 system zones) Extended Target: $116 (cycle exhaustion if momentum remains strong) πŸ“Œ Notes Stock is low-float (6M shares), so moves can be parabolic once breakout triggers. Watch for confirmation above $70 (ChoCH) β†’ unlocks momentum toward $81, then $93+. With momentum cycles, expect 20–30% runs per leg over ~20–30 days. Best strategy: take partial profits at $93, hold runner toward $105–110. πŸ“˜ What Does a 7-for-1 Stock Split Mean? A 7-for-1 forward stock split means: For every 1 share you previously owned, you now own 7 shares. The price per share is divided by 7, but the total value stays the same. πŸ“Š Example with DGNX: Let’s say the share price before the split was $66: After the split, each share becomes: $66 Γ· 7 = $9.43 (approx.) But your number of shares increases 7x. So if you held: 10 shares at $66 β†’ You now have 70 shares at ~$9.43 Total value remains β‰ˆ $660 🧠 Summary Table: Before SplitAfter Split 1 Share = $667 Shares = $9.43 10 Shares = $66070 Shares = $660 πŸ“‰ Lower PriceπŸ“ˆ More Shares βœ… No gain or loss immediately from the split β€” it’s just cosmetic. πŸ€” So, Is It β€œHigh” or β€œLow”? This is a forward split, so: Price per share gets lower βœ… More retail investors can afford it Usually a bullish signal if timed well (but not always)