Stock analysis Dredging Corporation of India Limited DREDGECORP
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Recent prices of DREDGECORP Dredging Corporation of India Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Tue Jan 2025 | 749.70 | 744.05 to 779.00 | -1.96% | 0.5 times |
| 20 Mon Jan 2025 | 764.65 | 753.80 to 776.95 | 0.83% | 0.36 times |
| 17 Fri Jan 2025 | 758.35 | 752.10 to 781.45 | -1.04% | 0.6 times |
| 16 Thu Jan 2025 | 766.30 | 748.05 to 773.00 | 2.67% | 0.3 times |
| 15 Wed Jan 2025 | 746.35 | 742.20 to 770.00 | -1.8% | 0.39 times |
| 14 Tue Jan 2025 | 760.00 | 727.15 to 767.55 | 4.95% | 0.58 times |
| 13 Mon Jan 2025 | 724.15 | 711.25 to 785.00 | 0% | 1.59 times |
| 13 Mon Jan 2025 | 724.15 | 711.25 to 785.00 | -7.63% | 1.59 times |
| 10 Fri Jan 2025 | 783.95 | 780.00 to 809.60 | -3.23% | 0.62 times |
| 09 Thu Jan 2025 | 810.15 | 806.00 to 840.00 | -4.05% | 0.52 times |
| 08 Wed Jan 2025 | 844.35 | 793.00 to 878.00 | 5.14% | 3.44 times |
| 07 Tue Jan 2025 | 803.05 | 788.60 to 806.90 | 2.23% | 0.42 times |
Technical analysis forecast for Dredging Corporation of India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Dredging Corporation of India Limited DREDGECORP at this time. Stock is falling and might fall more.
It appears as if Dredging Corporation of India Limited DREDGECORP gave a large move recently.
Stock of Dredging Corporation of India Limited (DREDGECORP) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Dredging Corporation of India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Dredging Corporation of India Limited stays below 752.6, but if it comes above 752.6, then a intra day buy could be more profitable.
If you take a sell trade below 752.6, then use 752.6 as stoploss and 706.9 as target. However if you take a buy trade in Dredging Corporation of India Limited, then use 752.6 as stoploss and 790.79 as target.