Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-03-27 View latest technical analysis

10 day averaged volume of Damodar Indust is 29713

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Mar 2025	29.62	28.99	30.99	28.80	1.256 times
26 Wed Mar 2025	28.89	30.45	31.60	28.50	1.403 times
25 Tue Mar 2025	29.62	32.18	32.18	29.22	0.982 times
24 Mon Mar 2025	31.36	31.72	32.29	30.25	1.415 times
21 Fri Mar 2025	31.60	32.89	32.89	31.50	0.278 times
20 Thu Mar 2025	31.50	30.55	32.24	30.55	1.436 times
19 Wed Mar 2025	30.14	30.55	30.55	29.74	1.994 times
18 Tue Mar 2025	29.71	28.75	30.58	28.75	0.875 times
17 Mon Mar 2025	29.45	32.15	32.15	29.00	0.613 times
13 Thu Mar 2025	31.29	30.85	31.68	30.84	0.579 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 29.6 as stoploss in an intra day buy trade for a target of 30.81. However, stock will show a bearish move below 29.6.

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Upside Target	30.00
Upside Target	32.29
Upside Target	33.89
Upside Target	34.40
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	27.98
Downside Intraday Target	26.35
Upside Intraday Target	31.77
Upside Intraday Target	33.93
Upside Intraday Target	30.14

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Mar 2025	29.62	31.72	32.29	28.50	0.973 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
27 Thu Mar 2025	29.62	30.27	33.89	28.00	2.54 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 30.24 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.