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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.

Showing technical analysis as on 2025-02-10 View latest technical analysis

10 day averaged volume of Damodar Indust is 11341

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	37.31	39.90	39.90	37.02	0.799 times
07 Fri Feb 2025	38.80	39.01	39.95	38.25	0.615 times
06 Thu Feb 2025	39.59	39.15	41.45	38.73	2.584 times
05 Wed Feb 2025	37.97	38.04	38.75	37.65	0.319 times
04 Tue Feb 2025	37.63	38.50	39.34	37.00	0.663 times
03 Mon Feb 2025	38.50	39.95	39.95	37.70	0.456 times
31 Fri Jan 2025	38.24	39.24	39.25	35.12	1.635 times
30 Thu Jan 2025	37.11	38.45	39.50	36.51	1.07 times
29 Wed Jan 2025	37.44	35.61	38.18	35.22	0.653 times
28 Tue Jan 2025	35.22	37.65	38.00	34.40	0.893 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 37.3 as stoploss in an intra day buy trade for a target of 38.68. However, stock will show a bearish move below 37.3.

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	34.40
Downside 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	36.25
Downside Intraday Target	35.2
Upside Intraday Target	39.13
Upside Intraday Target	40.96
Upside Intraday Target	38.08

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	37.31	39.90	39.90	37.02	0.172 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
10 Mon Feb 2025	37.31	39.95	41.45	37.00	0.241 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Damodar Indust stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Damodar Indust in short term but the buy signal is initial and weak.

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 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

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 38.06 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.