DREDGING CORP breakoutPossible 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 ri
Key stats
Market capitalization
8.666BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
29.30
Basic EPS (TTM)
10.55INR
About DREDGING CORP IND
ISIN
INE506A01018
Sector
Transportation
Industry
Marine Shipping
Website
dredge-india.com
CEO
S. Divakar
Headquarters
Visakhapatnam
Founded
1976
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.
BREAKOUT with VOLUME..ADD TO WATCHLISTDREDGECORP is travelling in a channel pattern in monthly time frame...and now it has given a superb breakout with huge volume.
seems like big players are getting in...
Fundamentally, its coming out of bad results and net cash flow is showing it to us.
Note- not a tip nor advice. just for knowle
Dredging Corporation of India LimitedDREDGECORP:- 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
DREDGECORP - Ichimoku Bullish Breakout 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 crossin
Buy Today, Sell Tomorrow: DREDGECORPDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or c
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue
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