DREDGE CORPORATION Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving up from support and now finding golden ratio resistance, further strength expecting once closes above 496. (Updated on 16th September 2014, Tuesday).


  • According to technical analysis chart no 1, Dredge Corporation is moving up from 50%  fibonacci retracement support, this indicates stock to favor bulls as long as trades above.
  • As per chart no2, stock is also moving up from 100 days moving average, this too will favor bull to take stock further up, once close below it 100 DMA then stock will show sign of weakness.
  • Close Watch as per stock analysis chart no3 , stock is now facing strong golden ratio resistance around 496, once it closes and stays above 496 then Dredge Corporation look bullish and will be on bulls hand for next few trading days. Chart also indicates that from last few days sudden increase in volumes with increasing price this indicates bulls are currently taking in interest in this stock.
    • Intraday Tips - Close watch once stock starts trading above 496 during market hours, if holds above 496 with volumes then intraday bulls action is expecting.
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  • Accoring to monthly chart , last month doji had appeared, this indicates change in trend and sharp movement, close watch if breaks 496 then sharp move can be seen in this stock.
  • Click here to see all the free trading reports (tips) published by us on DREDGE CORPORATION.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips