Entry in Dredging corporation can be taken after closing above 399. The target for the stock will be 425 and 456. 341 can be considered as the stop loss for the company. Dredging Corporation is a company which was seeing a decline in net cash flow off late but in the recent results it’s cash generation ability is increasing again. Dredging Corp is a company low...
Dredging Corporation of India Ltd - 23.12.2021 The stock is trading @ 322 levels There is a MACD Bullish Divergence in Weekly Chart Prices are above EMA Spinning Top in weekly chart let the prices go above 326 watch out for the price action
With this analysis, we could find that the Dredging Corp is forming Cup with handle and looking for an uptrend with the economy being opening...