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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 2024-10-18 View latest technical analysis

10 day averaged volume of Mohit Industries is 241008

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	27.27	28.50	28.50	26.85	0.199 times
17 Thu Oct 2024	28.18	28.98	28.98	28.11	0.068 times
16 Wed Oct 2024	28.49	28.00	28.98	27.90	0.202 times
15 Tue Oct 2024	28.19	28.97	29.21	28.01	0.08 times
14 Mon Oct 2024	28.67	28.70	29.67	28.30	0.142 times
11 Fri Oct 2024	28.30	27.02	28.43	27.02	0.205 times
10 Thu Oct 2024	27.08	27.99	28.00	26.51	0.079 times
09 Wed Oct 2024	27.72	27.25	27.99	26.80	0.071 times
08 Tue Oct 2024	27.40	25.51	27.80	25.51	0.075 times
26 Wed Jun 2024	31.69	34.49	34.50	31.07	1.895 times

My analysis of stock is bullish for shortterm, and stock might move up till 30.2 or till 34. Use a stoploss of 27 and if this stock hits its stoploss, then it can fall down till 23.82

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	17.10
Downside Target	18.35
Downside Target	19.00
Downside Target	22.10
Downside Target	23.00
Downside Target	23.60
Downside Target	25.51
Downside Target	26.85
Upside Target	27.90
Upside Target	28.43
Upside Target	29.67
Upside Target	36.75

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	26.19
Downside Intraday Target	25.11
Upside Intraday Target	29.01
Upside Intraday Target	30.75
Upside Intraday Target	27.93

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	27.27	28.70	29.67	26.85	1.604 times
11 Fri Oct 2024	28.30	25.51	28.43	25.51	0.031 times
26 Wed Jun 2024	31.69	26.00	36.75	25.51	1.41 times
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

Price has moved down 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
18 Fri Oct 2024	27.27	25.51	29.67	25.51	0.045 times
26 Wed Jun 2024	31.69	21.85	36.75	19.00	14.065 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

Scroll below to view daily charts

Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mohit Industries ( (MOHITIND) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Mohit Industries in short term but the sell signal is initial and weak.

Mohit Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Mohit Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 30.32 and Mohit Industries (MOHITIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.