Dredging corp taking support near 320, 100pts upside expected, with SL below the support line.
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
Medium Term Trade(2-3 Months): Dredging Corp is on the verge of breakout from a cup and handle pattern. Buy: Dredging Corp CMP: 429 Target 1: 530 Target 2: 550 Stop Loss: 400