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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 2025-02-11 View latest technical analysis

10 day averaged volume of Damodar Indust is 10986

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	35.71	37.13	37.30	35.25	0.701 times
10 Mon Feb 2025	37.31	39.90	39.90	37.02	0.825 times
07 Fri Feb 2025	38.80	39.01	39.95	38.25	0.635 times
06 Thu Feb 2025	39.59	39.15	41.45	38.73	2.668 times
05 Wed Feb 2025	37.97	38.04	38.75	37.65	0.329 times
04 Tue Feb 2025	37.63	38.50	39.34	37.00	0.684 times
03 Mon Feb 2025	38.50	39.95	39.95	37.70	0.471 times
31 Fri Jan 2025	38.24	39.24	39.25	35.12	1.688 times
30 Thu Jan 2025	37.11	38.45	39.50	36.51	1.105 times
29 Wed Jan 2025	37.44	35.61	38.18	35.22	0.674 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 35.3, for a target of 37 or 38.46

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	34.40
Downside Target	35.25
Upside Target	37.00
Upside Target	38.00
Upside Target	41.12
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	34.01
Downside Intraday Target	32.3
Upside Intraday Target	38.66
Upside Intraday Target	41.6
Upside Intraday Target	36.95

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	35.71	39.90	39.90	35.25	0.319 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
11 Tue Feb 2025	35.71	39.95	41.45	35.25	0.271 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 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 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 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 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 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 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 38.16 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.