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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 2025-06-16 View latest technical analysis

10 day averaged volume of Damodar Indust is 7157

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	36.63	37.90	37.90	36.52	0.854 times
13 Fri Jun 2025	36.80	37.90	37.90	36.05	0.937 times
12 Thu Jun 2025	37.77	38.20	38.20	37.61	0.49 times
11 Wed Jun 2025	38.05	37.79	39.40	37.50	1.786 times
10 Tue Jun 2025	36.80	36.80	37.00	36.50	0.66 times
09 Mon Jun 2025	36.80	37.00	37.66	36.50	0.811 times
06 Fri Jun 2025	36.87	37.55	37.55	36.40	0.43 times
05 Thu Jun 2025	36.47	37.89	37.89	36.10	1.275 times
04 Wed Jun 2025	37.71	37.00	38.19	36.00	1.143 times
03 Tue Jun 2025	36.59	38.25	38.25	36.10	1.134 times

My analysis of stock is bearish for shortterm, and stock might move down till 35.9 or till 34.7. Use a stoploss of 36.82 and if the stock hits stoploss, then it can shoot up till 37.79

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	29.30
Downside Target	30.00
Downside Target	33.89
Downside Target	35.56
Upside Target	37.90
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	36.13
Downside Intraday Target	35.64
Upside Intraday Target	37.51
Upside Intraday Target	38.4
Upside Intraday Target	37.02

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	36.63	37.90	37.90	36.52	0.182 times
13 Fri Jun 2025	36.80	37.00	39.40	36.05	0.881 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

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
16 Mon Jun 2025	36.63	39.45	39.45	36.00	0.18 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 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 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 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 losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Damodar Indust in short term but BUY signal is weak.

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 37.11 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 positive

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