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 2025-05-27 View latest technical analysis

10 day averaged volume of Damodar Indust is 10911

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue May 2025	36.01	36.05	37.80	35.70	1.236 times
26 Mon May 2025	36.87	36.55	37.50	35.60	0.856 times
23 Fri May 2025	36.55	36.00	38.99	35.01	2.21 times
22 Thu May 2025	35.95	35.40	37.00	34.80	1.036 times
21 Wed May 2025	35.05	35.45	35.49	34.60	0.152 times
20 Tue May 2025	34.84	35.50	36.40	34.50	0.796 times
19 Mon May 2025	35.02	35.50	36.19	34.31	1.678 times
16 Fri May 2025	35.26	34.05	35.68	33.25	0.414 times
15 Thu May 2025	34.34	34.00	34.98	33.88	0.592 times
14 Wed May 2025	33.55	34.68	34.99	32.55	1.421 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35.7, but if it comes below 35.7, then a intra day sell could be more profitable.
If you take a sell trade below 35.7, then use 35.7 as stoploss and 33.89 as target. However if you take a buy trade in stock , then use 35.7 as stoploss and 37.9 as target.

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	29.30
Downside Target	30.00
Downside Target	30.95
Downside Target	32.49
Downside Target	33.89
Downside Target	35.60
Upside Target	36.48
Upside Target	36.90
Upside Target	37.80
Upside Target	38.99
Upside Target	41.45
Upside Target	46.70

Intraday share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Intraday Target	35.14
Downside Intraday Target	34.27
Upside Intraday Target	37.34
Upside Intraday Target	38.67
Upside Intraday Target	36.47

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue May 2025	36.01	36.55	37.80	35.60	0.356 times
23 Fri May 2025	36.55	35.50	38.99	34.31	1.294 times
16 Fri May 2025	35.26	32.50	35.68	32.49	0.324 times
09 Fri May 2025	31.65	32.39	36.48	29.30	5.183 times
02 Fri May 2025	31.56	33.59	34.90	30.95	0.357 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 Tue May 2025	36.01	31.95	38.99	29.30	1.05 times
30 Wed Apr 2025	31.37	31.20	36.90	30.00	0.561 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.46 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 positive

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