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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 2025-05-05 View latest technical analysis

10 day averaged volume of Damodar Indust is 11884

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon May 2025	32.54	32.39	36.48	31.11	10.086 times
02 Fri May 2025	31.56	31.95	32.20	31.37	0.341 times
30 Wed Apr 2025	31.37	33.60	33.95	30.95	1.265 times
29 Tue Apr 2025	33.74	34.90	34.90	33.52	0.476 times
28 Mon Apr 2025	33.98	33.59	34.60	33.00	0.4 times
25 Fri Apr 2025	33.38	35.79	36.90	33.00	0.807 times
24 Thu Apr 2025	34.78	35.50	35.95	34.10	0.485 times
23 Wed Apr 2025	34.57	35.65	36.25	33.51	2.236 times
22 Tue Apr 2025	35.20	34.00	35.71	33.64	1.931 times
21 Mon Apr 2025	33.64	32.55	34.39	32.15	1.497 times

Stock of Damodar Indust (DAMODARIND) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 31.2 or till 29.6. Use a stoploss of 32.63 and if the stock hits stoploss, then it can shoot up till 34.02

Share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Target	28.00
Downside Target	30.00
Downside Target	30.95
Downside Target	32.15
Upside Target	32.90
Upside Target	33.89
Upside Target	34.90
Upside Target	36.48
Upside Target	36.90
Upside Target	41.45
Upside Target	46.70

Intraday share price targets for Damodar Indust (DAMODARIND)

Target Type	Value
Downside Intraday Target	30.27
Downside Intraday Target	28.01
Upside Intraday Target	35.64
Upside Intraday Target	38.75
Upside Intraday Target	33.38

Weekly technical analysis of Damodar Indust (DAMODARIND)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon May 2025	32.54	32.39	36.48	31.11	4.063 times
02 Fri May 2025	31.56	33.59	34.90	30.95	0.357 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

Price has moved up 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
05 Mon May 2025	32.54	31.95	36.48	31.11	0.443 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
28 Fri Feb 2025	30.03	39.95	41.45	30.00	0.701 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 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 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 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 SELL signal for Damodar Indust in short term and the sell signal is strong.

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 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 but selling is losing 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 33.18 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 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.