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Technical Stock Pick - Buy DREDGING CORPORATION Ltd For Target Rs. 475- HDFC Securities 

Descending Triangle Breakout on the weekly chart

Volumes have been rising along with the gradual price rise in last four weeks

Stock has been finding support on the upward sloping trend-line adjoining the previous swing lows

21 Weeks EMA has also been coinciding with the trend-line support confirms the bullish trend reversal

Indicators and Oscillators setup has turned bullish on short term charts

Short term moving averages have crossed long term moving averages on the upside

Buy Dredging Corporation of India Ltd Up to 3 months @ Buy between 385-392 CMP 385.80 TGT 475 SL 350

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