Stock analysis Damodar Indust. DAMODARIND
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Recent prices of DAMODARIND Damodar Indust. are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 25 Tue Mar 2025 | 29.62 | 29.22 to 32.18 | -5.55% | 1.22 times |
| 24 Mon Mar 2025 | 31.36 | 30.25 to 32.29 | -0.76% | 1.76 times |
| 21 Fri Mar 2025 | 31.60 | 31.50 to 32.89 | 0.32% | 0.35 times |
| 20 Thu Mar 2025 | 31.50 | 30.55 to 32.24 | 4.51% | 1.79 times |
| 19 Wed Mar 2025 | 30.14 | 29.74 to 30.55 | 1.45% | 2.48 times |
| 18 Tue Mar 2025 | 29.71 | 28.75 to 30.58 | 0.88% | 1.09 times |
| 17 Mon Mar 2025 | 29.45 | 29.00 to 32.15 | -5.88% | 0.76 times |
| 13 Thu Mar 2025 | 31.29 | 30.84 to 31.68 | 2.52% | 0.72 times |
| 12 Wed Mar 2025 | 30.52 | 30.00 to 32.99 | -5.42% | 0.53 times |
| 11 Tue Mar 2025 | 32.27 | 31.25 to 33.05 | -1.91% | 0.17 times |
| 10 Mon Mar 2025 | 32.90 | 32.02 to 33.89 | -0.27% | 0.35 times |
| 07 Fri Mar 2025 | 32.99 | 32.00 to 33.20 | 2.04% | 0.3 times |
Technical analysis forecast for Damodar Indust. Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Damodar Indust. DAMODARIND at this time. Stock is falling and might fall more.
It appears as if Damodar Indust. DAMODARIND gave a large move recently.
Stock of Damodar Indust. (DAMODARIND) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Damodar Indust. is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Damodar Indust. stays below 30.4, but if it comes above 30.4, then a intra day buy could be more profitable.
If you take a sell trade below 30.4, then use 30.4 as stoploss and 28.8 as target. However if you take a buy trade in Damodar Indust., then use 30.4 as stoploss and 31.72 as target.