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The_Breakout

Stock Gives Breakout After 5 Years. Ready for Boom.

Long
DREDGING CORP IND (NSE:DREDGECORP)  
The_Breakout  
NSE:DREDGECORP   DREDGING CORP IND
Chart Patterns
6
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chartpattern
DredeCorp gives breakout after 5 years with high volume on daily timeframe. all stocks relaetd to shipping gives multiyear breakout at current time. please refer SCI chart analysis that was posted sometime ago. DredgeCorp have a potential to give 30%-40% return in medium term (6-8 month). please wait for some more correction and enter at 480 to 500 level.
current price = 511. 1st Target = 550 2nd Target = 630 3rd Target = 740. stop loss = 450(closing basis). DREDGECORP
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