DAMODARIND technical summary

At ₹24.71, Damodar Industries Limited is trading 9.7% below its 50-day average of ₹27.35 and 10.7% below its 200-day average of ₹27.66. The 14-day RSI is 38.2, in the neutral range between 30 and 70. MACD is -0.76 against a signal line of -0.63, so the MACD line sits below its signal line. ADX(14) reads 24.9, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹20 to ₹35.7, with the price 30% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹25.23, resistance ₹25.76 and ₹26.23, support ₹24.76 and ₹24.23.