Dredging Corp climbing up and looking good

Entry in Dredging corporation can be taken after closing above 399. The target for the stock will be 425 and 456. 341 can be considered as the stop loss for the company. Dredging Corporation is a company which was seeing a decline in net cash flow off late but in the recent results it’s cash generation ability is increasing again. Dredging Corp is a company low debt and Zero promoter pledge which is picking up technical momentum too off late.