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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 2024-10-29 View latest technical analysis

10 day averaged volume of Mohit Industries is 36774

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	26.41	27.50	27.79	26.00	1.282 times
28 Mon Oct 2024	27.34	27.04	28.00	26.60	0.91 times
25 Fri Oct 2024	26.97	27.49	27.49	26.32	0.832 times
24 Thu Oct 2024	26.87	27.35	27.95	26.52	0.618 times
23 Wed Oct 2024	26.79	27.49	27.97	26.20	0.722 times
22 Tue Oct 2024	27.32	28.19	28.58	26.51	1.581 times
21 Mon Oct 2024	27.91	28.62	28.62	27.25	1.743 times
18 Fri Oct 2024	27.27	28.50	28.50	26.85	1.302 times
17 Thu Oct 2024	28.18	28.98	28.98	28.11	0.444 times
16 Wed Oct 2024	28.49	28.00	28.98	27.90	1.323 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26.2 as stoploss in an intra day buy trade for a target of 28.23. However, stock will show a bearish move below 26.2.

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	17.10
Downside Target	18.35
Downside Target	19.00
Downside Target	23.00
Downside Target	23.60
Downside Target	24.20
Downside Target	25.51
Upside Target	26.85
Upside Target	28.00
Upside Target	28.62
Upside Target	29.67
Upside Target	36.75

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	25.61
Downside Intraday Target	24.8
Upside Intraday Target	27.61
Upside Intraday Target	28.8
Upside Intraday Target	26.8

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	26.41	27.04	28.00	26.00	0.399 times
25 Fri Oct 2024	26.97	28.62	28.62	26.20	1.215 times
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

Price has moved down 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
29 Tue Oct 2024	26.41	25.51	29.67	25.51	0.092 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 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 term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mohit Industries ( (MOHITIND) ) based on a short to mid 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 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 SELL. 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 27.39 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.