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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 2025-04-29 View latest technical analysis

10 day averaged volume of Damodar Indust is 12110

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	33.74	34.90	34.90	33.52	0.467 times
28 Mon Apr 2025	33.98	33.59	34.60	33.00	0.392 times
25 Fri Apr 2025	33.38	35.79	36.90	33.00	0.792 times
24 Thu Apr 2025	34.78	35.50	35.95	34.10	0.476 times
23 Wed Apr 2025	34.57	35.65	36.25	33.51	2.194 times
22 Tue Apr 2025	35.20	34.00	35.71	33.64	1.895 times
21 Mon Apr 2025	33.64	32.55	34.39	32.15	1.469 times
17 Thu Apr 2025	31.59	32.90	32.90	31.25	0.55 times
16 Wed Apr 2025	32.07	32.45	32.68	31.90	0.317 times
15 Tue Apr 2025	31.89	32.12	32.89	31.60	0.744 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34 as stoploss in an intra day sell trade for a target of 32.44. However, stock will show a bullish move above 34.

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	30.00
Downside Target	31.25
Downside Target	32.15
Downside Target	32.90
Upside Target	33.89
Upside Target	36.00
Upside Target	36.90
Upside Target	41.12
Upside Target	41.45
Upside Target	46.70
Upside Target	47.15

Intraday share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Intraday Target	32.86
Downside Intraday Target	31.98
Upside Intraday Target	34.76
Upside Intraday Target	35.78
Upside Intraday Target	33.88

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	33.74	33.59	34.90	33.00	0.126 times
25 Fri Apr 2025	33.38	32.55	36.90	32.15	4.239 times
17 Thu Apr 2025	31.59	32.12	32.90	31.25	0.317 times
11 Fri Apr 2025	31.26	32.70	33.05	30.00	0.681 times
04 Fri Apr 2025	33.29	31.20	36.00	30.21	0.471 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
29 Tue Apr 2025	33.74	31.20	36.90	30.00	0.531 times
28 Fri Mar 2025	30.41	30.27	33.89	28.00	2.771 times
28 Fri Feb 2025	30.03	39.95	41.45	30.00	0.701 times
31 Fri Jan 2025	38.24	44.79	46.70	34.40	0.548 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Damodar Indust is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.92 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.