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 2024-02-02 View latest technical analysis

10 day averaged volume of Mohit Industries is 134513

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	23.25	24.35	24.35	22.75	0.543 times
01 Thu Feb 2024	23.50	24.40	24.80	23.40	0.666 times
31 Wed Jan 2024	23.45	23.15	24.25	22.50	1.236 times
30 Tue Jan 2024	23.65	24.45	24.85	22.85	1.096 times
29 Mon Jan 2024	23.35	23.10	24.30	22.90	1.887 times
25 Thu Jan 2024	22.85	21.30	23.00	20.85	2.268 times
24 Wed Jan 2024	21.55	21.05	21.60	20.85	0.262 times
23 Tue Jan 2024	21.25	22.05	22.15	20.65	0.633 times
22 Mon Jan 2024	21.40	20.75	22.30	20.75	0.727 times
19 Fri Jan 2024	20.75	20.50	22.05	20.40	0.543 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23.1, but if it comes below 23.1, then a intra day sell could be more profitable.
If you take a sell trade below 23.1, then use 23.1 as stoploss and 21.37 as target. However if you take a buy trade in stock , then use 23.1 as stoploss and 25.2 as target.

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	16.50
Downside Target	17.05
Downside Target	18.15
Downside Target	20.65
Downside Target	22.50
Downside Target	22.75
Downside Target	23.00
Downside Target	23.10
Upside Target	24.80
Upside Target	24.85

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	22.22
Downside Intraday Target	21.18
Upside Intraday Target	24.57
Upside Intraday Target	25.88
Upside Intraday Target	23.53

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	23.25	23.10	24.85	22.50	1.395 times
25 Thu Jan 2024	22.85	20.75	23.00	20.65	0.836 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

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
02 Fri Feb 2024	23.25	24.40	24.80	22.75	0.05 times
31 Wed Jan 2024	23.45	17.40	24.85	17.05	5.905 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

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 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 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 losing momentum.

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

Mohit Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

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

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 22.82 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.