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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 2024-12-18 View latest technical analysis

10 day averaged volume of Mohit Industries is 192898

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	39.12	39.31	40.00	38.15	0.323 times
17 Tue Dec 2024	39.31	36.22	40.15	34.10	0.923 times
16 Mon Dec 2024	36.50	39.49	40.49	35.20	0.737 times
13 Fri Dec 2024	38.22	42.44	42.44	37.85	1.497 times
12 Thu Dec 2024	42.06	39.48	42.17	38.67	2.607 times
11 Wed Dec 2024	38.34	36.00	38.41	34.54	1.238 times
10 Tue Dec 2024	34.92	34.00	35.00	34.00	0.248 times
09 Mon Dec 2024	33.90	35.75	36.09	33.00	0.686 times
06 Fri Dec 2024	35.52	36.79	36.79	34.63	0.996 times
05 Thu Dec 2024	35.14	35.14	35.14	33.87	0.83 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.9, but if it comes below 37.9, then a intra day sell could be more profitable.
If you take a sell trade below 37.9, then use 37.9 as stoploss and 33.58 as target. However if you take a buy trade in stock , then use 37.9 as stoploss and 43 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	28.57
Downside Target	29.67
Downside Target	31.00
Downside Target	33.00
Downside Target	34.10
Downside Target	36.75
Downside Target	36.79
Upside Target	40.49
Upside Target	42.44

Intraday share price targets for Mohit Industries (MOHITIND)

Target Type	Value
Downside Intraday Target	35.32
Downside Intraday Target	31.51
Upside Intraday Target	41.71
Upside Intraday Target	44.29
Downside Intraday Target	37.9

Weekly technical analysis of Mohit Industries (MOHITIND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	39.12	39.49	40.49	34.10	0.316 times
13 Fri Dec 2024	38.22	35.75	42.44	33.00	2.314 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

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
18 Wed Dec 2024	39.12	30.69	42.44	30.00	1.876 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, and volume has increased substantially. This means that the move can 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Weak 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 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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 38.34 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.