DAMODARIND technical summary

At ₹24.27, Damodar Industries Ltd is trading 11.6% below its 50-day average of ₹27.46 and 12.4% below its 200-day average of ₹27.71. The 14-day RSI is 31.8, in the neutral range between 30 and 70. MACD is -0.76 against a signal line of -0.56, so the MACD line sits below its signal line. ADX(14) reads 24.1, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹20 to ₹35.7, with the price 27% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹24.7, resistance ₹25.39 and ₹25.79, support ₹24.3 and ₹23.61.