dredgecorpstock : dredgecorp
trade : long (cash segment)
buy @ 781 above
sl @ 724
target 1 @ 920
target 2 @ 1320
target 3 @ 1525
note :
this information for education only
16.05INR
125.58 MINR
11.65 BINR
7.43 M
About DREDGING CORP IND
Sector
Industry
CEO
Durgesh Kumar Dubey
Website
Headquarters
Visakhapatnam
Employees (FY)
637
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.
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.
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.
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
Dredging Corp Long term patternDredging Corp indicating formation of a very long term triangle pattern.
It has been a slow performer since many years and the chart pattern is a month based timeframe chart.
Volume in the recent move has moved the price up and seem to be forming that triangle pattern. Should cross the levels of
Stock Gives Breakout After 5 Years. Ready for Boom.DredeCorp gives breakout after 5 years with high volume on daily timeframe. all stocks relaetd to shipping gives multiyear breakout at current time. please refer SCI chart analysis that was posted sometime ago. DredgeCorp have a potential to give 30%-40% return in medium term (6-8 month). please wai
5 Year long Base Breakout - Stage 2 Breakout on weekly Time frame
- Validated with Volume
- Above Key EMAs
- Bullish RSI
Dredging Corp Analysis Stock has given BO on daily, weekly and monthly chart with good volume, follow chart for proper support and resistance levels.
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Frequently Asked Questions
The current price of DREDGECORP is 819.30 INR — it has increased by 0.91% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange DREDGING CORP IND stocks are traded under the ticker DREDGECORP.
DREDGING CORP IND is going to release the next earnings report on May 27, 2024. Keep track of upcoming events with our Earnings Calendar.
DREDGECORP stock is 6.96% volatile and has beta coefficient of 0.29. Check out the list of the most volatile stocks — is DREDGING CORP IND there?
Yes, you can track DREDGING CORP IND financials in yearly and quarterly reports right on TradingView.
DREDGECORP stock has risen by 10.27% compared to the previous week, the month change is a 28.02% rise, over the last year DREDGING CORP IND has showed a 165.62% increase.
DREDGECORP net income for the last quarter is 272.26 M INR, while the quarter before that showed 167.74 M INR of net income which accounts for 62.30% change. Track more DREDGING CORP IND financial stats to get the full picture.
Today DREDGING CORP IND has the market capitalization of 22.77 B, it has increased by 3.92% over the last week.
DREDGING CORP IND dividend yield was 0% in 2022, and payout ratio reached 0%. The year before the numbers were 0% and 0% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
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 IND stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 637.00 employees. See our rating of the largest employees — is DREDGING CORP IND on this list?
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 IND 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 IND stock shows the strong buy signal. See more of DREDGING CORP IND 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.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. DREDGING CORP IND EBITDA is 2.09 B INR, and current EBITDA margin is 15.03%. See more stats in DREDGING CORP IND financial statements.