(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 2024-02-29 View latest technical analysis
10 day averaged volume of Damodar Indust is 44143
Date | Daily Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 53.70 | 54.70 | 55.35 | 52.55 | 0.808 times |
28 Wed Feb 2024 | 53.80 | 58.75 | 58.75 | 53.30 | 0.941 times |
27 Tue Feb 2024 | 57.60 | 58.60 | 59.45 | 56.85 | 1.038 times |
26 Mon Feb 2024 | 56.60 | 57.65 | 57.65 | 55.70 | 0.915 times |
23 Fri Feb 2024 | 56.40 | 57.40 | 58.15 | 55.60 | 0.754 times |
22 Thu Feb 2024 | 57.40 | 56.35 | 57.85 | 55.60 | 0.848 times |
21 Wed Feb 2024 | 56.30 | 57.85 | 58.80 | 55.70 | 0.707 times |
20 Tue Feb 2024 | 57.15 | 59.80 | 59.80 | 56.75 | 0.662 times |
19 Mon Feb 2024 | 58.80 | 57.95 | 59.65 | 57.10 | 0.904 times |
16 Fri Feb 2024 | 56.80 | 59.20 | 59.65 | 56.05 | 0.999 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.9, but if it comes above 54.9, then a intra day buy could be more profitable.
If you take a sell trade below 54.9, then use 54.9 as stoploss and 51.3 as target. However if you take a buy trade in stock , then use 54.9 as stoploss and 57.87 as target.
Share price targets for Damodar Indust (DAMODARIND)
Target Type | Value |
Downside Target | 45.45 |
Downside Target | 48.00 |
Downside Target | 51.35 |
Downside Target | 52.55 |
Upside Target | 53.85 |
Upside Target | 55.60 |
Upside Target | 59.45 |
Upside Target | 59.80 |
Upside Target | 60.00 |
Upside Target | 65.65 |
Upside Target | 68.00 |
Upside Target | 68.60 |
Intraday share price targets for Damodar Indust (DAMODARIND)
Target Type | Value |
Downside Intraday Target | 51.02 |
Downside Intraday Target | 48.33 |
Upside Intraday Target | 57.92 |
Upside Intraday Target | 62.13 |
Upside Intraday Target | 55.23 |
Weekly technical analysis of Damodar Indust (DAMODARIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 53.70 | 57.65 | 59.45 | 52.55 | 0.956 times |
23 Fri Feb 2024 | 56.40 | 57.95 | 59.80 | 55.60 | 0.528 times |
16 Fri Feb 2024 | 56.80 | 60.00 | 60.00 | 51.35 | 0.497 times |
09 Fri Feb 2024 | 58.50 | 66.70 | 68.60 | 57.00 | 0.409 times |
02 Fri Feb 2024 | 64.90 | 59.85 | 68.00 | 56.70 | 6.389 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 |
29 Thu Feb 2024 | 53.70 | 57.95 | 68.60 | 51.35 | 0.718 times |
31 Wed Jan 2024 | 57.20 | 50.35 | 65.65 | 49.00 | 4.619 times |
29 Fri Dec 2023 | 49.45 | 49.95 | 54.45 | 48.00 | 0.938 times |
30 Thu Nov 2023 | 48.95 | 49.90 | 53.85 | 48.35 | 0.705 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 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 BUY signal in short term and the buying is gaining 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 56.47 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.
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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 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 BUY signal in short term and the buying is gaining 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 56.47 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.
Click here for Damodar Indust charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org2024 All Rights reserved.