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 2024-11-22 View latest technical analysis

10 day averaged volume of Mohit Industries is 64181

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	28.06	27.94	28.15	27.43	0.909 times
21 Thu Nov 2024	27.19	26.52	27.55	26.25	1.214 times
19 Tue Nov 2024	26.24	28.57	28.57	26.11	1.169 times
18 Mon Nov 2024	27.49	27.65	28.50	27.44	0.635 times
14 Thu Nov 2024	28.89	29.86	29.86	28.44	0.618 times
13 Wed Nov 2024	29.94	31.00	31.02	29.61	0.905 times
12 Tue Nov 2024	30.61	30.96	31.19	30.40	0.676 times
11 Mon Nov 2024	30.27	29.70	31.00	29.70	1.871 times
08 Fri Nov 2024	29.64	30.60	30.60	29.17	1.03 times
07 Thu Nov 2024	30.25	30.80	30.80	29.96	0.806 times

My analysis of stock is bearish for shortterm, and stock might move down till 27.1 or till 25.3. Use a stoploss of 28.49 and if the stock hits stoploss, then it can shoot up till 29.92

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	18.35
Downside Target	19.00
Downside Target	23.60
Downside Target	24.20
Downside Target	25.51
Upside Target	28.41
Upside Target	28.62
Upside Target	29.67
Upside Target	29.68
Upside Target	30.80
Upside Target	31.19
Upside Target	36.75

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	26.59
Downside Intraday Target	25.12
Upside Intraday Target	29.05
Upside Intraday Target	30.04
Downside Intraday Target	27.58

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	28.06	27.65	28.57	26.11	0.965 times
14 Thu Nov 2024	28.89	29.70	31.19	28.44	0.761 times
08 Fri Nov 2024	29.64	29.95	30.80	28.41	1.63 times
01 Fri Nov 2024	29.55	27.04	29.68	26.00	1.042 times
25 Fri Oct 2024	26.97	28.62	28.62	26.20	1.215 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
22 Fri Nov 2024	28.06	29.58	31.19	26.11	1.392 times
31 Thu Oct 2024	28.27	25.51	29.67	25.51	0.108 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

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 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 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 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 Strong 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Mohit Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 28.87 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.