(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 2024-04-15 View latest technical analysis
10 day averaged volume of Damodar Indust is 56490
Date | Daily Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 49.00 | 50.60 | 51.25 | 48.60 | 0.407 times |
12 Fri Apr 2024 | 51.35 | 52.75 | 54.00 | 51.25 | 0.442 times |
10 Wed Apr 2024 | 52.80 | 54.65 | 54.70 | 52.00 | 0.77 times |
09 Tue Apr 2024 | 53.05 | 50.80 | 54.70 | 49.00 | 3.994 times |
08 Mon Apr 2024 | 49.00 | 50.35 | 50.35 | 48.85 | 0.225 times |
05 Fri Apr 2024 | 48.80 | 47.55 | 50.35 | 47.45 | 0.757 times |
04 Thu Apr 2024 | 48.45 | 47.85 | 48.80 | 46.90 | 0.426 times |
03 Wed Apr 2024 | 46.90 | 45.90 | 47.40 | 44.90 | 0.946 times |
02 Tue Apr 2024 | 45.60 | 44.70 | 45.95 | 43.35 | 0.531 times |
01 Mon Apr 2024 | 43.80 | 43.80 | 45.70 | 42.95 | 0.821 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 50.1 as stoploss in an intra day sell trade for a target of 47.03. However, stock will show a bullish move above 50.1.
Share price targets for Damodar Indust (DAMODARIND)
Target Type | Value |
Downside Target | 41.10 |
Downside Target | 42.95 |
Downside Target | 44.55 |
Downside Target | 46.95 |
Downside Target | 48.00 |
Upside Target | 50.35 |
Upside Target | 51.35 |
Upside Target | 54.45 |
Upside Target | 54.70 |
Upside Target | 57.50 |
Upside Target | 65.65 |
Upside Target | 68.60 |
Intraday share price targets for Damodar Indust (DAMODARIND)
Target Type | Value |
Downside Intraday Target | 47.98 |
Downside Intraday Target | 46.97 |
Upside Intraday Target | 50.63 |
Upside Intraday Target | 52.27 |
Upside Intraday Target | 49.62 |
Weekly technical analysis of Damodar Indust (DAMODARIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 49.00 | 50.60 | 51.25 | 48.60 | 0.075 times |
12 Fri Apr 2024 | 51.35 | 50.35 | 54.70 | 48.85 | 1.56 times |
05 Fri Apr 2024 | 48.80 | 43.80 | 50.35 | 42.95 | 0.918 times |
28 Thu Mar 2024 | 41.70 | 46.95 | 46.95 | 41.10 | 1.981 times |
22 Fri Mar 2024 | 46.25 | 47.00 | 48.50 | 44.55 | 0.557 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 |
15 Mon Apr 2024 | 49.00 | 43.80 | 54.70 | 42.95 | 0.793 times |
28 Thu Mar 2024 | 41.70 | 53.70 | 57.50 | 41.10 | 0.237 times |
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 |
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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Damodar Indust in short term but the buy signal is initial and weak.
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 below the red 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 50.25 and Damodar Indust (DAMODARIND) stock is trading below this level. This means that stock is falling with high volumes. 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.
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Damodar Indust in short term but the buy signal is initial and weak.
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 below the red 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 50.25 and Damodar Indust (DAMODARIND) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for Damodar Indust charts
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Daily charts
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