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 2024-01-19 View latest technical analysis

10 day averaged volume of Mohit Industries is 186268

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	20.75	20.50	22.05	20.40	0.392 times
18 Thu Jan 2024	20.05	21.30	21.30	19.15	0.494 times
17 Wed Jan 2024	20.95	21.90	21.90	20.40	0.398 times
16 Tue Jan 2024	21.90	22.80	22.95	21.65	0.551 times
15 Mon Jan 2024	22.80	22.05	23.10	21.10	1.524 times
12 Fri Jan 2024	22.00	21.40	22.50	21.00	2.813 times
11 Thu Jan 2024	20.50	18.70	20.50	18.60	2.725 times
10 Wed Jan 2024	18.65	18.65	18.90	18.35	0.148 times
09 Tue Jan 2024	18.55	18.90	18.90	18.40	0.123 times
08 Mon Jan 2024	18.40	19.00	19.90	18.15	0.668 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 20.8 as stoploss in an intra day sell trade for a target of 18.96. However, stock will show a bullish move above 20.8.

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	14.35
Downside Target	16.50
Downside Target	18.10
Downside Target	19.00
Downside Target	19.15
Downside Target	19.20
Downside Target	20.75
Upside Target	22.50
Upside Target	22.75
Upside Target	23.10

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	18.9
Downside Intraday Target	17.05
Upside Intraday Target	22.85
Upside Intraday Target	24.95
Upside Intraday Target	21

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	20.75	22.05	23.10	19.15	0.519 times
12 Fri Jan 2024	22.00	19.00	22.50	18.15	3.653 times
05 Fri Jan 2024	18.60	17.40	18.85	17.05	3.067 times
29 Fri Dec 2023	17.40	17.00	18.45	16.80	0.803 times
22 Fri Dec 2023	16.75	17.80	18.10	16.50	0.64 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
19 Fri Jan 2024	20.75	17.40	23.10	17.05	3.925 times
29 Fri Dec 2023	17.40	17.65	19.20	16.50	1.16 times
30 Thu Nov 2023	17.80	18.05	19.00	17.30	0.793 times
05 Thu Oct 2023	19.90	19.80	20.75	18.50	0.12 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 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 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 Strong and stock is gaining momentum.

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

Mohit Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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 and the buying is gaining 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 21.17 and Mohit Industries (MOHITIND) stock is trading below this level. This means that stock is falling with high volumes. 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.