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(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 2024-06-21 View latest technical analysis

10 day averaged volume of Mohit Industries is 193309

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	26.18	27.00	27.90	23.58	3.437 times
20 Thu Jun 2024	27.03	22.97	27.55	22.97	7.557 times
19 Wed Jun 2024	22.96	23.25	23.50	22.56	0.628 times
18 Tue Jun 2024	22.84	23.70	23.71	22.16	0.538 times
14 Fri Jun 2024	23.26	23.75	23.75	23.01	0.193 times
13 Thu Jun 2024	23.27	23.10	23.51	22.56	0.259 times
12 Wed Jun 2024	23.01	23.12	23.18	22.76	0.087 times
11 Tue Jun 2024	22.76	22.39	24.00	22.39	0.145 times
10 Mon Jun 2024	22.43	22.60	23.00	22.10	0.19 times
07 Fri Jun 2024	22.25	21.00	22.80	21.00	0.336 times

Stock of Mohit Industries (MOHITIND) has showed a significant fall. This could be a good time to exit from this stock.

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 26.3, for a target of 24 or 22.09

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	21.00
Downside Target	22.10
Downside Target	23.35
Downside Target	23.60
Downside Target	24.00
Downside Target	24.20
Downside Target	24.80
Upside Target	27.90

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	22.93
Downside Intraday Target	19.67
Upside Intraday Target	28.67
Upside Intraday Target	31.15
Downside Intraday Target	25.41

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	26.18	23.70	27.90	22.16	13.919 times
14 Fri Jun 2024	23.26	22.60	24.00	22.10	1.099 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mohit Industries (MOHITIND)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	26.18	21.85	27.90	19.00	6.279 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, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Mohit Industries ( (MOHITIND) ) based on a short 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 short to mid 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 26.07 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.