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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 2024-02-19 View latest technical analysis

10 day averaged volume of Mohit Industries is 49183

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	21.60	21.95	22.70	21.15	0.557 times
16 Fri Feb 2024	21.95	21.70	22.70	21.50	1.033 times
15 Thu Feb 2024	21.65	20.90	22.10	20.15	1.699 times
14 Wed Feb 2024	20.35	21.25	21.25	19.75	0.567 times
13 Tue Feb 2024	20.05	20.80	21.30	19.90	0.635 times
12 Mon Feb 2024	20.70	22.75	22.80	20.55	0.746 times
09 Fri Feb 2024	21.70	22.65	22.80	21.35	1.184 times
08 Thu Feb 2024	22.65	22.40	23.25	22.40	1.133 times
07 Wed Feb 2024	22.55	22.30	23.40	22.25	1.136 times
06 Tue Feb 2024	22.55	22.80	22.90	22.25	0.758 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 21.1 as stoploss in an intra day buy trade for a target of 22.14. However, stock will show a bearish move below 21.1.

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	16.50
Downside Target	17.05
Downside Target	18.50
Downside Target	19.00
Downside Target	19.75
Downside Target	20.65
Upside Target	22.50
Upside Target	22.80
Upside Target	23.00
Upside Target	23.95
Upside Target	24.80
Upside Target	24.85

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	20.93
Downside Intraday Target	20.27
Upside Intraday Target	22.48
Upside Intraday Target	23.37
Upside Intraday Target	21.82

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	21.60	21.95	22.70	21.15	0.119 times
16 Fri Feb 2024	21.95	22.75	22.80	19.75	0.88 times
09 Fri Feb 2024	21.70	23.95	23.95	21.35	0.358 times
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

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 Mon Feb 2024	21.60	24.40	24.80	19.75	0.21 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 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 21.73 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.