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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 2025-03-24 View latest technical analysis

10 day averaged volume of Damodar Indust is 20399

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	31.36	31.72	32.29	30.25	2.061 times
21 Fri Mar 2025	31.60	32.89	32.89	31.50	0.405 times
20 Thu Mar 2025	31.50	30.55	32.24	30.55	2.091 times
19 Wed Mar 2025	30.14	30.55	30.55	29.74	2.905 times
18 Tue Mar 2025	29.71	28.75	30.58	28.75	1.274 times
17 Mon Mar 2025	29.45	32.15	32.15	29.00	0.892 times
13 Thu Mar 2025	31.29	30.85	31.68	30.84	0.844 times
12 Wed Mar 2025	30.52	32.60	32.99	30.00	0.62 times
11 Tue Mar 2025	32.27	33.01	33.05	31.25	0.199 times
10 Mon Mar 2025	32.90	33.89	33.89	32.02	0.413 times

Stock of Damodar Indust (DAMODARIND) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 30 or till 28.3. Use a stoploss of 31.47 and if the stock hits stoploss, then it can shoot up till 32.9

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	28.75
Downside Target	30.00
Upside Target	32.29
Upside Target	33.89
Upside Target	34.80
Upside Target	38.46
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	30.31
Downside Intraday Target	29.26
Upside Intraday Target	32.35
Upside Intraday Target	33.34
Downside Intraday Target	31.3

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	31.36	31.72	32.29	30.25	0.272 times
21 Fri Mar 2025	31.60	32.15	32.89	28.75	3.645 times
13 Thu Mar 2025	31.29	33.89	33.89	30.00	0.387 times
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

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

Monthly technical analysis of Damodar Indust (DAMODARIND)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	31.36	30.27	33.89	28.00	1.938 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, and volume has increased substantially. This means that the move can 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 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 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 gaining 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 coming down

CCI has generated a SELL signal for Damodar Indust in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 30.79 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 rising upwards.

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.