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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 10171

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	35.07	37.39	37.39	35.00	0.937 times
13 Thu Feb 2025	36.51	36.00	37.05	35.21	0.891 times
12 Wed Feb 2025	36.06	36.05	36.90	34.55	0.467 times
11 Tue Feb 2025	35.71	37.13	37.30	35.25	0.757 times
10 Mon Feb 2025	37.31	39.90	39.90	37.02	0.891 times
07 Fri Feb 2025	38.80	39.01	39.95	38.25	0.686 times
06 Thu Feb 2025	39.59	39.15	41.45	38.73	2.882 times
05 Wed Feb 2025	37.97	38.04	38.75	37.65	0.355 times
04 Tue Feb 2025	37.63	38.50	39.34	37.00	0.739 times
03 Mon Feb 2025	38.50	39.95	39.95	37.70	0.508 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.3, but if it comes above 36.3, then a intra day buy could be more profitable.
If you take a sell trade below 36.3, then use 36.3 as stoploss and 34.3 as target. However if you take a buy trade in stock , then use 36.3 as stoploss and 37.94 as target.

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	34.40
Upside Target	37.00
Upside Target	38.00
Upside Target	41.12
Upside Target	41.45
Upside Target	41.63
Upside Target	41.70
Upside Target	41.98
Upside Target	45.49
Upside Target	46.70
Upside Target	47.15
Upside Target	47.90

Intraday share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Intraday Target	33.11
Downside Intraday Target	31.16
Upside Intraday Target	38.46
Upside Intraday Target	41.86
Upside Intraday Target	36.51

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	35.07	39.90	39.90	34.55	0.763 times
07 Fri Feb 2025	38.80	39.95	41.45	37.00	0.865 times
31 Fri Jan 2025	38.24	39.26	39.80	34.40	1.551 times
24 Fri Jan 2025	39.26	41.60	41.63	39.15	0.995 times
17 Fri Jan 2025	39.32	41.98	41.98	38.00	0.602 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
14 Fri Feb 2025	35.07	39.95	41.45	34.55	0.362 times
31 Fri Jan 2025	38.24	44.79	46.70	34.40	0.548 times
31 Tue Dec 2024	42.77	41.60	47.15	41.12	3.146 times
29 Fri Nov 2024	41.10	44.48	45.49	38.46	0.203 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 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 neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 37.76 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.