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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 2024-12-12 View latest technical analysis

10 day averaged volume of Mohit Industries is 104282

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	42.06	39.48	42.17	38.67	4.822 times
11 Wed Dec 2024	38.34	36.00	38.41	34.54	2.291 times
10 Tue Dec 2024	34.92	34.00	35.00	34.00	0.458 times
09 Mon Dec 2024	33.90	35.75	36.09	33.00	1.268 times
06 Fri Dec 2024	35.52	36.79	36.79	34.63	1.842 times
05 Thu Dec 2024	35.14	35.14	35.14	33.87	1.536 times
04 Wed Dec 2024	33.47	33.47	33.47	33.47	0.441 times
03 Tue Dec 2024	31.88	31.00	31.88	30.00	1.032 times
02 Mon Dec 2024	30.37	30.69	30.78	30.01	0.166 times
29 Fri Nov 2024	30.18	30.50	30.68	29.52	0.477 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 40.3, for a target of 35.5 or 31.55

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
Downside Target	36.75
Downside Target	36.79
Upside Target	42.17

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	35.98
Downside Intraday Target	29.91
Upside Intraday Target	45.15
Upside Intraday Target	48.25
Downside Intraday Target	39.08

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	42.06	35.75	42.17	33.00	1.762 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mohit Industries (MOHITIND)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	42.06	30.69	42.17	30.00	1.281 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 37.4 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.