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NSE Stock DAMODARIND_BE Historical charts - Damodar Industries Ltd

Historical charts for Stock DAMODARIND_BE - Share Damodar Industries Ltd trades in NSE

Moving Averages for

  • 5Day Average: 48.29
  • 12Day Average: 47.34
  • 20Day Average: 46.46
  • 50Day Average: 45.15

DAMODARIND_BE Indicators & signals

Indicator MACD (12,26,9)

47.23, 46.44, 0.67
Indicator MACD is in positive zone

Indicator ADX (14)

5.71, 13.31, 14.92
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DAMODARIND_BE are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
11 Mon Oct 2021 45.80 45.70 to 48.00 -4.78% 7.56 times
08 Fri Oct 2021 48.10 46.75 to 49.85 -0.72% 0.58 times
07 Thu Oct 2021 48.45 48.05 to 49.95 -1.32% 0.72 times
06 Wed Oct 2021 49.10 47.80 to 50.00 -1.8% 1.6 times
05 Tue Oct 2021 50.00 47.10 to 50.15 4.6% 1.65 times
04 Mon Oct 2021 47.80 46.20 to 49.00 -0.31% 0.45 times
01 Fri Oct 2021 47.95 44.60 to 49.15 2.35% 2.4 times
30 Thu Sep 2021 46.85 45.75 to 46.90 2.85% 0.62 times
29 Wed Sep 2021 45.55 44.75 to 47.00 -0.98% 0.22 times
28 Tue Sep 2021 46.00 44.85 to 46.10 -0.22% 0.73 times
27 Mon Sep 2021 46.10 44.10 to 47.10 -0.65% 1.03 times
24 Fri Sep 2021 46.40 46.00 to 47.70 -2.11% 0.61 times

Technical analysis forecast for DAMODARIND_BE 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 DAMODARIND_BE DAMODARIND_BE at this time. Stock is falling and might fall more.

It appears as if DAMODARIND_BE DAMODARIND_BE gave a large move recently.

Stock of DAMODARIND_BE (DAMODARIND_BE) 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 DAMODARIND_BE is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 45 as stoploss in an intra day buy trade for a target of 46.63. However, stock will show a bearish move below 45.

Tomorrow's movement Prediction of DAMODARIND_BE appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of DAMODARIND_BE is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Tomorrow's movement Prediction of DAMODARIND_BE looks Bearish... There has been some negative changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of DAMODARIND_BE looks bearish. It has broken an important moving average level of 46.63 with high volumes

Munafa value: 24

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock DAMODARIND_BE Historical charts - Share Damodar Industries Ltd

 

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