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(DAMODARIND) Damodar Indust complete technical analysis [charts+indicators] | Buy/Sell Damodar Indust | (DAMODARIND) share price targets

Complete technical analysis of Damodar Indust (DAMODARIND) by charts plus indicators, forecast predictions and share price targets for Damodar Indust (DAMODARIND)

Damodar Indust trades in NSE in Textiles sector.

Showing technical analysis as on 2025-03-07 View latest technical analysis

10 day averaged volume of Damodar Indust is 16412

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	32.99	32.85	33.20	32.00	0.443 times
06 Thu Mar 2025	32.33	31.85	32.79	31.72	0.651 times
05 Wed Mar 2025	30.93	30.60	32.20	29.93	3.454 times
04 Tue Mar 2025	30.24	28.89	30.88	28.70	0.508 times
03 Mon Mar 2025	29.26	30.27	30.27	28.00	1.619 times
28 Fri Feb 2025	30.03	31.53	31.54	30.00	0.423 times
27 Thu Feb 2025	31.53	34.20	34.20	30.26	1.23 times
25 Tue Feb 2025	33.26	34.80	34.80	33.00	0.263 times
24 Mon Feb 2025	33.85	34.18	34.50	33.21	0.369 times
21 Fri Feb 2025	34.19	35.30	35.30	33.20	0.507 times

My analysis of stock is bearish for shortterm, and stock might move down till 31.3 or till 28.3. Use a stoploss of 33.71 and if the stock hits stoploss, then it can shoot up till 36.16

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	30.00
Downside Target	32.20
Upside Target	33.20
Upside Target	34.40
Upside Target	35.65
Upside Target	37.00
Upside Target	38.46
Upside Target	39.90
Upside Target	41.12
Upside Target	41.45
Upside Target	45.49
Upside Target	46.70
Upside Target	47.15

Intraday share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Intraday Target	29.59
Downside Intraday Target	26.2
Upside Intraday Target	34.79
Upside Intraday Target	36.6
Downside Intraday Target	31.4

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	32.99	30.27	33.20	28.00	2.921 times
28 Fri Feb 2025	30.03	34.18	34.80	30.00	0.758 times
21 Fri Feb 2025	34.19	35.07	35.65	32.20	1.234 times
14 Fri Feb 2025	35.07	39.90	39.90	34.55	0.763 times
07 Fri Feb 2025	38.80	39.95	41.45	37.00	0.865 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Damodar Indust (DAMODARIND)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	32.99	30.27	33.20	28.00	0.61 times
28 Fri Feb 2025	30.03	39.95	41.45	30.00	0.701 times
31 Fri Jan 2025	38.24	44.79	46.70	34.40	0.548 times
31 Tue Dec 2024	42.77	41.60	47.15	41.12	3.146 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Damodar Indust (DAMODARIND)

Price action analysis of Damodar Indust ( (DAMODARIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Damodar Indust ( (DAMODARIND) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Damodar Indust ( (DAMODARIND) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Damodar Indust ( (DAMODARIND) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Damodar Indust stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Damodar Indust in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Damodar Indust Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Damodar Indust in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Damodar Indust is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.19 and Damodar Indust (DAMODARIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Damodar Indust (DAMODARIND) stock. Volume based technical analysis of Damodar Indust (DAMODARIND) stock is negative.

Damodar Indust Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.