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
