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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 2025-06-11 View latest technical analysis

10 day averaged volume of Damodar Indust is 18619

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Jun 2025	38.05	37.79	39.40	37.50	0.687 times
10 Tue Jun 2025	36.80	36.80	37.00	36.50	0.254 times
09 Mon Jun 2025	36.80	37.00	37.66	36.50	0.312 times
06 Fri Jun 2025	36.87	37.55	37.55	36.40	0.165 times
05 Thu Jun 2025	36.47	37.89	37.89	36.10	0.49 times
04 Wed Jun 2025	37.71	37.00	38.19	36.00	0.439 times
03 Tue Jun 2025	36.59	38.25	38.25	36.10	0.436 times
02 Mon Jun 2025	37.12	39.45	39.45	37.05	0.513 times
30 Fri May 2025	38.29	39.30	39.70	38.00	0.772 times
29 Thu May 2025	38.91	37.34	40.40	35.98	6.475 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.7, but if it comes below 37.7, then a intra day sell could be more profitable.
If you take a sell trade below 37.7, then use 37.7 as stoploss and 36.49 as target. However if you take a buy trade in stock , then use 37.7 as stoploss and 39.1 as target.

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	29.30
Downside Target	30.00
Downside Target	32.49
Downside Target	33.89
Downside Target	35.56
Upside Target	38.99
Upside Target	39.40
Upside Target	39.45
Upside Target	40.40
Upside Target	41.45

Intraday share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Intraday Target	36.57
Downside Intraday Target	35.08
Upside Intraday Target	39.47
Upside Intraday Target	40.88
Downside Intraday Target	37.98

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Jun 2025	38.05	37.00	39.40	36.50	0.613 times
06 Fri Jun 2025	36.87	39.45	39.45	36.00	0.237 times
30 Fri May 2025	38.29	36.55	40.40	35.56	2.504 times
23 Fri May 2025	36.55	35.50	38.99	34.31	1.294 times
16 Fri May 2025	35.26	32.50	35.68	32.49	0.324 times

Price has moved up 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 Wed Jun 2025	38.05	39.45	39.45	36.00	0.142 times
30 Fri May 2025	38.29	31.95	40.40	29.30	1.542 times
30 Wed Apr 2025	31.37	31.20	36.90	30.00	0.561 times
28 Fri Mar 2025	30.41	30.27	33.89	28.00	2.771 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Damodar Indust in short term and BUY 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

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 38.32 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.