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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 2025-03-25 View latest technical analysis

10 day averaged volume of Damodar Indust is 23876

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Mar 2025	29.62	32.18	32.18	29.22	1.222 times
24 Mon Mar 2025	31.36	31.72	32.29	30.25	1.761 times
21 Fri Mar 2025	31.60	32.89	32.89	31.50	0.346 times
20 Thu Mar 2025	31.50	30.55	32.24	30.55	1.787 times
19 Wed Mar 2025	30.14	30.55	30.55	29.74	2.482 times
18 Tue Mar 2025	29.71	28.75	30.58	28.75	1.089 times
17 Mon Mar 2025	29.45	32.15	32.15	29.00	0.762 times
13 Thu Mar 2025	31.29	30.85	31.68	30.84	0.721 times
12 Wed Mar 2025	30.52	32.60	32.99	30.00	0.53 times
11 Tue Mar 2025	32.27	33.01	33.05	31.25	0.17 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.9, but if it comes above 29.9, then a intra day buy could be more profitable.
If you take a sell trade below 29.9, then use 29.9 as stoploss and 28.3 as target. However if you take a buy trade in stock , then use 29.9 as stoploss and 31.24 as target.

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	28.75
Upside 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	28.46
Downside Intraday Target	27.31
Upside Intraday Target	31.53
Upside Intraday Target	33.45
Upside Intraday Target	30.38

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Mar 2025	29.62	31.72	32.29	29.22	0.461 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
25 Tue Mar 2025	29.62	30.27	33.89	28.00	2.101 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 down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Damodar Indust in short term and SELL 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 30.59 and Damodar Indust (DAMODARIND) stock is trading below this level. This means that stock is falling with high volumes. 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.