#DREDGECORP trading above Resistance of 749 Next Resistance is at 1176 Support is at 616 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
📊 DETAILS Sector: Ports Mkt Cap: 1,386 cr Dredging Corporation of India Limited (DCI) is engaged in providing integrated dredging services to ports, Indian Navy and other maritime organizations in India. TTM PE : 43.88 (Average PE) Sector PE : 78.61 Beta : 1.52 📚 INSIGHTS Strong Performer Stock with consistent financial performance, quality...
Possible bottom structure in the stock and also inverted head and shoulders pattern , breakout incoming above 450-470 levels , need clean breakout and must sustain above it , need weekly or monthly closing above levels and also a good retest for entry , potential targets of 615/750 levels if goes right , will keep updated of entry and exits in the stock🙏
DREDGECORP:- Breakout after 4 years going up with lower support Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades...
Stock Name - Dredging Corporation Of India Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 357 #This is not Buy and Sell recommendation to any one. This...
Dredging Corporation of India Ltd - 31.12.2021 The stock is trading @ 316 levels There is a MACD Bullish Divergence in weekly chart the prices are below ema let the prices go above 321 stochastic oversold in monthly chart the prices are at support watch out for the price action
Weekly Chart #DREDGECORP NSE: DREDGECORP Short Term Quick Profit CMP 428.25 Target: 480 SL : 402 Timeframe < 45 Days ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with...