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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 2025-04-04 View latest technical analysis

10 day averaged volume of Damodar Indust is 29531

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	33.29	34.00	36.00	33.00	1.27 times
03 Thu Apr 2025	33.71	32.09	33.98	31.12	1.178 times
02 Wed Apr 2025	31.31	32.40	32.40	31.18	0.309 times
01 Tue Apr 2025	31.53	31.20	32.00	30.21	0.301 times
28 Fri Mar 2025	30.41	30.52	33.00	30.01	1.401 times
27 Thu Mar 2025	29.62	28.99	30.99	28.80	1.264 times
26 Wed Mar 2025	28.89	30.45	31.60	28.50	1.411 times
25 Tue Mar 2025	29.62	32.18	32.18	29.22	0.988 times
24 Mon Mar 2025	31.36	31.72	32.29	30.25	1.423 times
21 Fri Mar 2025	31.60	32.89	32.89	31.50	0.28 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.6, but if it comes below 32.6, then a intra day sell could be more profitable.
If you take a sell trade below 32.6, then use 32.6 as stoploss and 31.22 as target. However if you take a buy trade in stock , then use 32.6 as stoploss and 34.2 as target.

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	30.00
Downside Target	32.89
Upside Target	33.89
Upside Target	34.40
Upside Target	36.00
Upside Target	41.12
Upside Target	41.45
Upside Target	46.70
Upside Target	47.15

Intraday share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Intraday Target	30.33
Downside Intraday Target	27.38
Upside Intraday Target	36.12
Upside Intraday Target	38.96
Downside Intraday Target	33.17

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Apr 2025	33.29	31.20	36.00	30.21	0.471 times
28 Fri Mar 2025	30.41	31.72	33.00	28.50	1.241 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

Price has moved up 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
04 Fri Apr 2025	33.29	31.20	36.00	30.21	0.181 times
28 Fri Mar 2025	30.41	30.27	33.89	28.00	2.771 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

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 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 BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 buy signal for Damodar Indust in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 31.01 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 is giving positive 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.