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Stock analysis Damodar Indust. DAMODARIND

More indepth analysis on MunafaSutra.com

Moving Averages for Damodar Indust.

  • 5Day Average: 36.04
  • 12Day Average: 36.59
  • 20Day Average: 36.87
  • 50Day Average: 34.95
  • 100Day Average: 34.13
  • 150Day Average: 36.88
  • 200Day Average: 38.88

DAMODARIND Indicators & signals

Indicator MACD (12,26,9)

36.3, 36.1, 0.54
Indicator MACD is in positive zone

Indicator ADX (14)

1.49, 18.99, 18.44
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DAMODARIND Damodar Indust. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Tue Jun 2025 35.34 34.96 to 36.49 -1.53% 0.74 times
23 Mon Jun 2025 35.89 35.20 to 36.01 -0.66% 0.41 times
20 Fri Jun 2025 36.13 35.00 to 36.48 0.7% 1.98 times
19 Thu Jun 2025 35.88 34.50 to 37.59 -2.9% 1.77 times
18 Wed Jun 2025 36.95 36.60 to 37.00 2.5% 0.98 times
17 Tue Jun 2025 36.05 35.70 to 37.70 -1.58% 0.43 times
16 Mon Jun 2025 36.63 36.52 to 37.90 -0.46% 0.8 times
13 Fri Jun 2025 36.80 36.05 to 37.90 -2.57% 0.88 times
12 Thu Jun 2025 37.77 37.61 to 38.20 -0.74% 0.46 times
11 Wed Jun 2025 38.05 37.50 to 39.40 3.4% 1.68 times
10 Tue Jun 2025 36.80 36.50 to 37.00 0% 0.62 times
09 Mon Jun 2025 36.80 36.50 to 37.66 -0.19% 0.76 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

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 35.4, but if it comes above 35.4, then a intra day buy could be more profitable.
If you take a sell trade below 35.4, then use 35.4 as stoploss and 34.4 as target. However if you take a buy trade in Damodar Indust., then use 35.4 as stoploss and 36.28 as target.

More indepth analysis on MunafaSutra.com