Dredging Corporation of India appears to be forming a large Cup and Handle pattern on the daily chart, with price now approaching the key neckline resistance near 1245. The recent pullback toward 1036 has developed as the handle portion of the pattern, and the strong recovery from that region suggests buyers are gradually regaining control.
A decisive breakout above the neckline could confirm the bullish continuation setup and open the door for a measured move toward the 1445 region. Until then, price remains in the final stages of consolidation, with the overall structure favoring higher levels as long as the handle support continues to hold.
We will update further information soon.
A decisive breakout above the neckline could confirm the bullish continuation setup and open the door for a measured move toward the 1445 region. Until then, price remains in the final stages of consolidation, with the overall structure favoring higher levels as long as the handle support continues to hold.
We will update further information soon.
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.