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🙏
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
NSE:DREDGECORP Go long on Dredging Corporation for a target of 500 in 30 trading days with a stop loss of 365. Price breakout at pennant -flag patter with increasing volume, RSI moving up and MACD line crossing MACD signal line. All positive triggers.