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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 2024-12-09 View latest technical analysis

10 day averaged volume of Mohit Industries is 75510

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	33.90	35.75	36.09	33.00	1.752 times
06 Fri Dec 2024	35.52	36.79	36.79	34.63	2.544 times
05 Thu Dec 2024	35.14	35.14	35.14	33.87	2.122 times
04 Wed Dec 2024	33.47	33.47	33.47	33.47	0.609 times
03 Tue Dec 2024	31.88	31.00	31.88	30.00	1.425 times
02 Mon Dec 2024	30.37	30.69	30.78	30.01	0.229 times
29 Fri Nov 2024	30.18	30.50	30.68	29.52	0.659 times
28 Thu Nov 2024	30.53	30.49	31.00	29.97	0.675 times
27 Wed Nov 2024	29.96	29.49	30.00	28.39	1.078 times
26 Tue Nov 2024	28.58	28.98	29.10	28.38	0.295 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.8, but if it comes below 32.8, then a intra day sell could be more profitable.
If you take a sell trade below 32.8, then use 32.8 as stoploss and 30.31 as target. However if you take a buy trade in stock , then use 32.8 as stoploss and 35.8 as target.

Share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Target	19.00
Downside Target	23.60
Downside Target	25.51
Downside Target	26.11
Downside Target	27.68
Downside Target	28.44
Downside Target	29.67
Downside Target	31.00
Downside Target	31.19
Downside Target	33.00
Upside Target	36.09
Upside Target	36.75
Upside Target	36.79

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	32.57
Downside Intraday Target	31.24
Upside Intraday Target	35.66
Upside Intraday Target	37.42
Upside Intraday Target	34.33

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	33.90	35.75	36.09	33.00	0.253 times
06 Fri Dec 2024	35.52	30.69	36.79	30.00	2.256 times
29 Fri Nov 2024	30.18	29.19	31.00	27.68	0.92 times
22 Fri Nov 2024	28.06	27.65	28.57	26.11	0.965 times
14 Thu Nov 2024	28.89	29.70	31.19	28.44	0.761 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
09 Mon Dec 2024	33.90	30.69	36.79	30.00	0.581 times
29 Fri Nov 2024	30.18	29.58	31.19	26.11	1.752 times
31 Thu Oct 2024	28.27	25.51	29.67	25.51	0.108 times
26 Wed Jun 2024	31.69	21.85	36.75	19.00	14.065 times

Scroll below to view daily charts

Price has moved up 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mohit Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.22 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.