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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 2024-02-20 View latest technical analysis

10 day averaged volume of Mohit Industries is 46473

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	23.25	21.75	23.65	21.60	3.928 times
19 Mon Feb 2024	21.60	21.95	22.70	21.15	0.59 times
16 Fri Feb 2024	21.95	21.70	22.70	21.50	1.094 times
15 Thu Feb 2024	21.65	20.90	22.10	20.15	1.798 times
14 Wed Feb 2024	20.35	21.25	21.25	19.75	0.6 times
13 Tue Feb 2024	20.05	20.80	21.30	19.90	0.672 times
12 Mon Feb 2024	20.70	22.75	22.80	20.55	0.789 times
09 Fri Feb 2024	21.70	22.65	22.80	21.35	1.253 times
08 Thu Feb 2024	22.65	22.40	23.25	22.40	1.199 times
07 Wed Feb 2024	22.55	22.30	23.40	22.25	1.203 times

Stock of Mohit Industries (MOHITIND) has showed a significant upmove. This could be a good time to enter in this stock!

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 23.3 as stoploss in an intra day sell trade for a target of 22.23. However, stock will show a bullish move above 23.3.

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
Downside Target	22.50
Downside Target	23.00
Upside Target	23.65
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	21.72
Downside Intraday Target	20.18
Upside Intraday Target	24.22
Upside Intraday Target	25.18
Downside Intraday Target	22.68

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	23.25	21.95	23.65	21.15	0.912 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 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
20 Tue Feb 2024	23.25	24.40	24.80	19.75	0.266 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 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 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 gaining momentum.

MACD generated a SELL signal for Mohit Industries in short term but the sell signal is initial and weak.

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 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 22.13 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.