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
−25.85 INR
356.84 M INR
9.45 B INR
6.92 M
About DREDGING CORP OF INDIA
Sector
Industry
CEO
Durgesh Kumar Dubey
Website
Headquarters
Visakhapatnam
Founded
1976
ISIN
INE506A01018
FIGI
BBG000D3CGX3
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.
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.
DREDGECORPCup of 5 years has been made in DREDGECORP. Perhaps low of handle has been made. Ideally handle's low should be 30% of low of Cup. But handle has made a low of about 25% of Cup's depth. RSI and EMA are good. It might go little more down to be near EMA. Then it might cross the neckline and shoot up.
DREDGECORP | Swing Trade📊 DETAILS
Sector: Ports
Mkt Cap: 1,386 cr
Dredging Corporation of India Limited (DCI) is engaged in providing integrated dredging services to ports, Indian Navy and other maritime organizations in India.
TTM PE : 43.88 (Average PE)
Sector PE : 78.61
Beta : 1.52
📚 INSIGHTS
Strong
DREDGECORPVolatility Contraction Pattern is popularized by Mark Minervini, who is a two times US Investing Champion. Last year he won the championship with a record-beating 300+% in the year. He primarily uses VCP for his trading setups. It is a twist on the ascending triangle pattern with some variation.
I
DREDGECORPVolatility Contraction Pattern is popularized by Mark Minervini, who is a two times US Investing Champion. Last year he won the championship with a record-beating 300+% in the year. He primarily uses VCP for his trading setups. It is a twist on the ascending triangle pattern with some variation.
I
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
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
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.
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Frequently Asked Questions
The current price of DREDGECORP is 710.00 INR — it has increased by 4.00% in the past 24 hours. Watch DREDGING CORP OF INDIA stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange DREDGING CORP OF INDIA stocks are traded under the ticker DREDGECORP.
DREDGECORP stock has risen by 28.39% compared to the previous week, the month change is a 22.41% rise, over the last year DREDGING CORP OF INDIA has showed a −11.25% decrease.
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 9.07% volatile and has beta coefficient of 1.51. Track DREDGING CORP OF INDIA stock price on the chart and check out the list of the most volatile stocks — is DREDGING CORP OF INDIA there?
Today DREDGING CORP OF INDIA has the market capitalization of 19.15 B, it has increased by 7.25% over the last week.
Yes, you can track DREDGING CORP OF INDIA financials in yearly and quarterly reports right on TradingView.
DREDGECORP net income for the last quarter is 160.57 M INR, while the quarter before that showed −335.06 M INR of net income which accounts for 147.92% change. Track more DREDGING CORP OF INDIA financial stats to get the full picture.
DREDGING CORP OF INDIA dividend yield was 0.00% in 2023, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 17, 2025, the company has 558 employees. See our rating of the largest employees — is DREDGING CORP OF INDIA on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. DREDGING CORP OF INDIA EBITDA is 847.68 M INR, and current EBITDA margin is 21.59%. See more stats in DREDGING CORP OF INDIA 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 CORP OF INDIA 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 CORP OF INDIA technincal analysis shows the buy rating today, and its 1 week rating is 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 CORP OF INDIA stock shows the buy signal. See more of DREDGING CORP OF INDIA 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.