#DREDGECORP - VCP + Large Base BreakOut Script: DREDGECORP
Key highlights: 💡⚡
📈 VCP BreakOut in Daily Time Frame
📈 Volume spike during Breakout
📈 Large Base BreakOut
📈 MACD Crossover
BUY ONLY ABOVE 970 DCB
⏱️ C.M.P 📑💰- 968
🟢 Target 🎯🏆 – 22%
⚠️ Stoploss ☠️🚫 – 11%
⚠️ Important: Market conditions are Okish, Position size 25% per Trade.
Dredging Corporation of India Limited
No trades
−7.15 INR
−274.57 M INR
11.42 B INR
6.92 M
About Dredging Corporation of India Limited
Sector
Industry
CEO
S. Divakar
Website
Headquarters
Visakhapatnam
Founded
1976
ISIN
INE506A01018
FIGI
BBG000D3CGX3
IPO date
Feb 26, 2004
IPO offer price
8.84 USD
Dredging Corp. of India Ltd. engages in the business of dredging. Its services include capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project consultancy, and marine construction. The company was founded on March 29, 1976 and is headquartered in Visakhapatnam, India.
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BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
Dredging Corp following the resistance line nearing breakout Dredging Corp has been on downtrend since quite some time and with that it has been showing respect on the resistance line.
With continuous move near the resistance levels there are chances on a move it would break the resistance line and move out of that resistance range .
If it crosses we can se
Dredging Corp nearing support levelsDredging Corp nearing support levels which has been only moving in the down trend since few weeks.
Can see the support levels of around 935 which is around 35% of the fall from high.
Another support from the downward channel is around the levels of 40% of around 890 .
Expecting it to shoot up a bi
Dredging Corporation Of India Ltd - Breakout Setup, Move is ON..#DREDGECORP trading above Resistance of 1176
Next Resistance is at 2118
Support is at 884
Here are previous charts:
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 def
Dredging Corporation Of India Ltd - Long Setup, Move is ON...#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.
Dredging Corporation of India Ltd. (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
Dredging Corporation of India Ltd.
Target: RS 895
CMP: RS 849.70
ENTRY RANGE: 840-860
STOP LOSS: RS 715
Disclaimer: I am not Sebi Registered.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of DREDGECORP is 985.05 INR — it has decreased by −1.45% in the past 24 hours. Watch Dredging Corporation of India Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Dredging Corporation of India Limited stocks are traded under the ticker DREDGECORP.
DREDGECORP stock has risen by 14.98% compared to the previous week, the month change is a 19.31% rise, over the last year Dredging Corporation of India Limited has showed a 7.66% increase.
DREDGECORP reached its all-time high on Jul 8, 2024 with the price of 1,457.95 INR, and its all-time low was 121.00 INR and was reached on Mar 24, 2020. View more price dynamics on DREDGECORP chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
DREDGECORP stock is 3.37% volatile and has beta coefficient of 1.63. Track Dredging Corporation of India Limited stock price on the chart and check out the list of the most volatile stocks — is Dredging Corporation of India Limited there?
Today Dredging Corporation of India Limited has the market capitalization of 28.80 B, it has increased by 13.32% over the last week.
Yes, you can track Dredging Corporation of India Limited financials in yearly and quarterly reports right on TradingView.
DREDGECORP net income for the last quarter is −341.77 M INR, while the quarter before that showed −233.32 M INR of net income which accounts for −46.48% change. Track more Dredging Corporation of India Limited financial stats to get the full picture.
As of Dec 11, 2025, the company has 558 employees. See our rating of the largest employees — is Dredging Corporation of India Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Dredging Corporation of India Limited EBITDA is 2.01 B INR, and current EBITDA margin is 12.24%. See more stats in Dredging Corporation of India Limited financial statements.
Like other stocks, DREDGECORP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Dredging Corporation of India Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Dredging Corporation of India Limited technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Dredging Corporation of India Limited stock shows the strong buy signal. See more of Dredging Corporation of India Limited technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









