Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MOHITIND) Mohit Industries complete technical analysis [charts+indicators] | Buy/Sell Mohit Industries | (MOHITIND) share price targets

Complete technical analysis of Mohit Industries (MOHITIND) by charts plus indicators, forecast predictions and share price targets for Mohit Industries (MOHITIND)

Mohit Industries trades in NSE in Textiles sector.

Showing technical analysis as on 2024-06-11 View latest technical analysis

10 day averaged volume of Mohit Industries is 26535

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	22.76	22.39	24.00	22.39	1.058 times
10 Mon Jun 2024	22.43	22.60	23.00	22.10	1.383 times
07 Fri Jun 2024	22.25	21.00	22.80	21.00	2.448 times
06 Thu Jun 2024	20.95	20.15	21.10	20.15	0.495 times
05 Wed Jun 2024	20.20	20.05	20.75	19.00	0.805 times
04 Tue Jun 2024	19.65	20.95	21.00	19.25	1.277 times
03 Mon Jun 2024	20.50	21.85	21.85	20.00	0.764 times
31 Fri May 2024	19.95	20.30	20.40	19.50	0.536 times
30 Thu May 2024	20.05	21.90	21.90	19.30	0.837 times
29 Wed May 2024	21.00	21.45	21.45	20.35	0.696 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 23.1, for a target of 22.1 or 21.25

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	17.10
Downside Target	18.35
Downside Target	19.00
Downside Target	19.75
Downside Target	20.65
Downside Target	22.10
Upside Target	23.00
Upside Target	23.35
Upside Target	23.60
Upside Target	24.00
Upside Target	24.20
Upside Target	24.80

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	21.91
Downside Intraday Target	21.05
Upside Intraday Target	23.81
Upside Intraday Target	24.85
Upside Intraday Target	22.95

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	22.76	22.60	24.00	22.10	0.422 times
07 Fri Jun 2024	22.25	21.85	22.80	19.00	1.605 times
31 Fri May 2024	19.95	22.45	22.45	19.30	1.439 times
24 Fri May 2024	21.75	21.80	23.35	21.00	0.684 times
18 Sat May 2024	21.80	22.95	22.95	20.65	0.707 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mohit Industries (MOHITIND)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	22.76	21.85	24.00	19.00	0.513 times
31 Fri May 2024	19.95	22.55	23.60	19.30	0.518 times
30 Tue Apr 2024	22.55	18.35	24.20	18.35	1.756 times
28 Thu Mar 2024	18.95	21.95	23.00	17.10	0.377 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mohit Industries (MOHITIND)

Price action analysis of Mohit Industries ( (MOHITIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mohit Industries ( (MOHITIND) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mohit Industries ( (MOHITIND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mohit Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mohit Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mohit Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mohit Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mohit Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.27 and Mohit Industries (MOHITIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mohit Industries (MOHITIND) stock. Volume based technical analysis of Mohit Industries (MOHITIND) stock is negative.

Mohit Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.