DAMODARIND NEWS why is Damodar Indust. price falling or rising

DAMODARIND NEWS reasons for why stock price of Damodar Indust. is falling or rising

DAMODARIND Damodar Indust is falling or rising technical reasons

Technical analysis forecast of Damodar Indust Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Damodar Indust DAMODARIND at this time. Stock is rising and might rise more.

It appears as if Damodar Indust DAMODARIND gave a large move recently.

Stock of Damodar Indust (DAMODARIND) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Damodar Indust is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 54 as stoploss in an intra day sell trade for a target of 50.33. However, stock will show a bullish move above 54.

DAMODARIND Damodar Indust is falling or rising NEWS fundamental reasons

Company Announcement Damodar Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the Quarter Ended March 31, 2024 - NEWS as on 2024-04-12

Company Announcement - NEWS as on 2024-03-28

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2023 - NEWS as on 2024-01-29

Company Announcement Damodar Industries Limited has informed the Exchange regarding 'Revised Outcome of Board Meeeting Held on 15th December 2023'. - NEWS as on 2023-12-22

Company Announcement Damodar Industries Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2023-11-07

Company Announcement Damodar Industries Limited has informed the Exchange regarding Board meeting held on November 04, 2023. - NEWS as on 2023-11-06

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2023 - NEWS as on 2023-10-30

Company Announcement Damodar Industries Limited has informed the Exchange regarding ''.We hereby submit a Machine Readable Form / Legible copy of Financial Results as per your requirement. - NEWS as on 2023-09-04

Company Announcement Damodar Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 11, 2023 - NEWS as on 2023-08-14

More announcements and NEWS

DAMODARIND Damodar Indust. current price & indicator signals

Moving Averages for Damodar Indust.

  • 5Day Average: 52.41
  • 12Day Average: 51.33
  • 20Day Average: 48.77
  • 50Day Average: 51.28
  • 100Day Average: 52.82
  • 150Day Average: 51.99
  • 200Day Average: 50.81

DAMODARIND Indicators & signals

Indicator MACD (12,26,9)

51.04, 50.27, 0.06
Indicator MACD is in positive zone

Indicator ADX (14)

10.77, 23.3, 18.77
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
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 Wed Apr 2024 52.35 51.00 to 54.75 -1.78% 1.57 times
23 Tue Apr 2024 53.30 52.20 to 54.25 0.57% 0.59 times
22 Mon Apr 2024 53.00 50.35 to 54.65 3.92% 1.22 times
19 Fri Apr 2024 51.00 50.35 to 52.20 -2.67% 0.49 times
18 Thu Apr 2024 52.40 49.05 to 52.90 5.12% 0.92 times
16 Tue Apr 2024 49.85 47.55 to 50.40 1.73% 0.33 times
15 Mon Apr 2024 49.00 48.60 to 51.25 -4.58% 0.45 times
12 Fri Apr 2024 51.35 51.25 to 54.00 -2.75% 0.49 times
10 Wed Apr 2024 52.80 52.00 to 54.70 -0.47% 0.85 times
09 Tue Apr 2024 53.05 49.00 to 54.70 8.27% 4.42 times
08 Mon Apr 2024 49.00 48.85 to 50.35 0.41% 0.25 times
05 Fri Apr 2024 48.80 47.45 to 50.35 0.72% 0.84 times

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DAMODARIND NEWS why is Damodar Indust. price falling or rising

 

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