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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.

10 day averaged volume of Damodar Indust is 19354

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri May 2025	31.65	31.89	32.54	30.95	0.218 times
08 Thu May 2025	32.68	31.70	34.00	31.70	0.575 times
07 Wed May 2025	31.06	30.32	31.51	29.30	0.309 times
06 Tue May 2025	31.41	32.53	33.49	31.33	0.606 times
05 Mon May 2025	32.54	32.39	36.48	31.11	6.193 times
02 Fri May 2025	31.56	31.95	32.20	31.37	0.21 times
30 Wed Apr 2025	31.37	33.60	33.95	30.95	0.777 times
29 Tue Apr 2025	33.74	34.90	34.90	33.52	0.292 times
28 Mon Apr 2025	33.98	33.59	34.60	33.00	0.246 times
25 Fri Apr 2025	33.38	35.79	36.90	33.00	0.496 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 31.1 as stoploss in an intra day buy trade for a target of 32.5. However, stock will show a bearish move below 31.1.

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
Upside Target	32.15
Upside Target	32.90
Upside Target	33.89
Upside Target	36.48
Upside Target	36.90
Upside Target	41.45
Upside Target	46.70

Intraday share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Intraday Target	28.47
Downside Intraday Target	25.3
Upside Intraday Target	35.65
Upside Intraday Target	39.66
Upside Intraday Target	32.48

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
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
25 Fri Apr 2025	33.38	32.55	36.90	32.15	4.239 times
17 Thu Apr 2025	31.59	32.12	32.90	31.25	0.317 times
11 Fri Apr 2025	31.26	32.70	33.05	30.00	0.681 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Damodar Indust (DAMODARIND)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri May 2025	31.65	31.95	36.48	29.30	0.562 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Damodar Indust in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 32.41 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 positive

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