(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 30656
Date | Daily Closing Price | Open | High | Low | Volume |
16 Fri Apr 2021 | 22.80 | 22.75 | 23.00 | 22.35 | 0.255 times |
15 Thu Apr 2021 | 22.45 | 23.35 | 23.75 | 21.75 | 1.042 times |
13 Tue Apr 2021 | 22.95 | 23.95 | 24.50 | 21.40 | 3.562 times |
12 Mon Apr 2021 | 23.30 | 25.00 | 25.00 | 23.00 | 0.571 times |
09 Fri Apr 2021 | 24.25 | 25.00 | 25.00 | 23.45 | 0.591 times |
08 Thu Apr 2021 | 24.10 | 23.80 | 24.35 | 23.70 | 1.152 times |
07 Wed Apr 2021 | 23.45 | 23.85 | 24.05 | 23.00 | 0.59 times |
06 Tue Apr 2021 | 23.20 | 24.50 | 24.50 | 22.50 | 0.447 times |
05 Mon Apr 2021 | 23.60 | 25.65 | 25.65 | 23.25 | 0.472 times |
01 Thu Apr 2021 | 24.20 | 24.30 | 25.00 | 23.10 | 0.594 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 22.6 as stoploss in an intra day buy trade for a target of 24.18. However, stock will show a bearish move below 22.6.
Share price targets for Damodar Indust (DAMODARIND)
Target Type | Value |
Downside Target | 21.10 |
Downside Target | 22.50 |
Upside Target | 24.15 |
Upside Target | 25.00 |
Upside Target | 25.65 |
Upside Target | 28.50 |
Upside Target | 28.80 |
Upside Target | 30.30 |
Upside Target | 32.90 |
Upside Target | 34.95 |
Upside Target | 35.90 |
Upside Target | 38.00 |
Upside Target | 41.85 |
Intraday share price targets for Damodar Indust (DAMODARIND)
Target Type | Value |
Downside Intraday Target | 21.13 |
Downside Intraday Target | 19.47 |
Upside Intraday Target | 24.73 |
Upside Intraday Target | 26.67 |
Upside Intraday Target | 23.07 |
Weekly technical analysis of Damodar Indust (DAMODARIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Fri Apr 2021 | 22.80 | 25.00 | 25.00 | 21.40 | 1.67 times |
09 Fri Apr 2021 | 24.25 | 25.65 | 25.65 | 22.50 | 0.901 times |
01 Thu Apr 2021 | 24.20 | 23.95 | 25.00 | 21.70 | 0.312 times |
26 Fri Mar 2021 | 23.30 | 27.95 | 28.80 | 21.10 | 1.77 times |
19 Fri Mar 2021 | 26.95 | 32.85 | 32.90 | 24.15 | 2.107 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Damodar Indust (DAMODARIND)
Date | Monthly Closing Price | Open | High | Low | Volume |
16 Fri Apr 2021 | 22.80 | 24.30 | 25.65 | 21.40 | 0.343 times |
31 Wed Mar 2021 | 23.90 | 33.20 | 34.95 | 21.10 | 2.136 times |
25 Thu Feb 2021 | 33.85 | 32.50 | 35.90 | 28.50 | 0.528 times |
29 Fri Jan 2021 | 31.20 | 38.00 | 41.85 | 30.30 | 0.804 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)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 9, 22, 42 | Sell |
MACD | -3, -4 | Buy |
Stochastics | 31 | None |
CCI | -109 | Buy |
RSI | 48 | Sell |
OBV | -503965 | Sell |
VWAP | 23 | Sell |
ADL | 0 | Sell |
ROC | -5 | Sell |
Force Index | 0 | Sell |
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 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 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 losing momentum.
MACD generated a BUY signal for Damodar Indust in short term but the buy 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Damodar Indust in short term but BUY 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 23.29 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.
Click here for Damodar Indust charts
Click here for further forecast and predictions for tomorrow
Daily charts
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