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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: 27.43
  • 12Day Average: 28
  • 20Day Average: 28.39
  • 50Day Average: 28.2
  • 100Day Average: 34.85

DAMODARIND_BE Indicators & signals

Indicator MACD (12,26,9)

27.82, 28.26, -0.29
Indicator MACD is in negative zone

Indicator ADX (14)

26.53, 14.63, 25.2
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
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
01 Thu Oct 2026 26.59 25.65 to 27.00 0.72% 3.01 times
29 Tue Sep 2026 26.40 25.77 to 26.98 -2.62% 1.3 times
28 Mon Sep 2026 27.11 27.03 to 28.90 -4.71% 2.72 times
25 Fri Sep 2026 28.45 28.30 to 29.49 -0.56% 0.87 times
24 Thu Sep 2026 28.61 28.10 to 29.70 -2.98% 0.46 times
23 Wed Sep 2026 29.49 28.95 to 29.75 2.15% 1.89 times
22 Tue Sep 2026 28.87 27.70 to 29.15 2.92% 0.27 times
21 Mon Sep 2026 28.05 27.50 to 28.05 -0.25% 0.13 times
18 Fri Sep 2026 28.12 27.75 to 28.19 2.11% 0.48 times
17 Thu Sep 2026 27.54 27.50 to 28.20 -2.34% 0.41 times
16 Wed Sep 2026 28.20 27.11 to 28.55 -1.16% 1.46 times
15 Tue Sep 2026 28.53 28.00 to 29.28 -0.94% 0.24 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 trade for tomorrow is selective. Take a sell trade only if DAMODARIND_BE stays below 27.2, but if it comes above 27.2, then a intra day buy could be more profitable.
If you take a sell trade below 27.2, then use 27.2 as stoploss and 26.2 as target. However if you take a buy trade in DAMODARIND_BE, then use 27.2 as stoploss and 28.06 as target.

Tomorrow's movement Prediction of DAMODARIND_BE appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

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 is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 27.98

Munafa value: 20

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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