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Stock analysis Dredging Corporation of India Limited DREDGECORP

More indepth analysis on MunafaSutra.com

Moving Averages for Dredging Corporation of India Limited

  • 5Day Average: 577.36
  • 12Day Average: 562.65
  • 20Day Average: 561.37
  • 50Day Average: 585.37
  • 100Day Average: 708.26
  • 150Day Average: 835.21
  • 200Day Average: 845.54

DREDGECORP Indicators & signals

Indicator MACD (12,26,9)

568.7, 568.92, -9.54
Indicator MACD is in negative zone

Indicator ADX (14)

24.75, 28.96, 17.47
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

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
17 Thu Apr 2025 603.95 591.15 to 626.65 -1.46% 1.71 times
16 Wed Apr 2025 612.90 578.00 to 644.40 6.91% 4.23 times
15 Tue Apr 2025 573.30 570.00 to 593.90 -0.46% 1.16 times
11 Fri Apr 2025 575.95 531.00 to 585.00 10.61% 1.15 times
09 Wed Apr 2025 520.70 518.00 to 530.00 -1.62% 0.19 times
08 Tue Apr 2025 529.25 515.00 to 535.00 3.82% 0.3 times
07 Mon Apr 2025 509.80 495.00 to 523.95 -6.26% 0.66 times
04 Fri Apr 2025 543.85 536.30 to 577.00 -5.79% 0.72 times
03 Thu Apr 2025 577.25 570.40 to 589.45 -0.22% 0.45 times
02 Wed Apr 2025 578.50 566.40 to 587.50 -0.28% 0.39 times
01 Tue Apr 2025 580.15 538.00 to 594.00 6.22% 0.75 times
28 Fri Mar 2025 546.20 535.90 to 575.00 -1.03% 0.91 times

Technical analysis forecast of Dredging Corporation of India Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Dredging Corporation of India Limited DREDGECORP at this time. Stock is rising and might rise 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 above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Dredging Corporation of India Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Dredging Corporation of India Limited stays above 591.5, but if it comes below 591.5, then a intra day sell could be more profitable.
If you take a sell trade below 591.5, then use 591.5 as stoploss and 565.84 as target. However if you take a buy trade in Dredging Corporation of India Limited, then use 591.5 as stoploss and 622.4 as target.

More indepth analysis on MunafaSutra.com