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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 2024-01-22 View latest technical analysis

10 day averaged volume of Mohit Industries is 183206

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	21.40	20.75	22.30	20.75	0.533 times
19 Fri Jan 2024	20.75	20.50	22.05	20.40	0.399 times
18 Thu Jan 2024	20.05	21.30	21.30	19.15	0.502 times
17 Wed Jan 2024	20.95	21.90	21.90	20.40	0.405 times
16 Tue Jan 2024	21.90	22.80	22.95	21.65	0.561 times
15 Mon Jan 2024	22.80	22.05	23.10	21.10	1.549 times
12 Fri Jan 2024	22.00	21.40	22.50	21.00	2.86 times
11 Thu Jan 2024	20.50	18.70	20.50	18.60	2.77 times
10 Wed Jan 2024	18.65	18.65	18.90	18.35	0.151 times
09 Tue Jan 2024	18.55	18.90	18.90	18.40	0.125 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.1, but if it comes below 21.1, then a intra day sell could be more profitable.
If you take a sell trade below 21.1, then use 21.1 as stoploss and 19.2 as target. However if you take a buy trade in stock , then use 21.1 as stoploss and 23.3 as target.

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	14.35
Downside Target	16.50
Downside Target	18.15
Downside Target	19.20
Downside Target	20.75
Upside Target	22.30
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	20.67
Downside Intraday Target	19.93
Upside Intraday Target	22.22
Upside Intraday Target	23.03
Upside Intraday Target	21.48

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	21.40	20.75	22.30	20.75	0.156 times
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

Price has moved up 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 Mon Jan 2024	21.40	17.40	23.10	17.05	4.103 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 stronger in this stock.

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 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 21.38 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.