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(MOHITIND_BE) Mohit Industries complete technical analysis [charts+indicators] | Buy/Sell Mohit Industries | (MOHITIND_BE) share price targets

Complete technical analysis of Mohit Industries (MOHITIND_BE) by charts plus indicators, forecast predictions and share price targets for Mohit Industries (MOHITIND_BE)

Showing technical analysis as on 2024-07-23 View latest technical analysis

10 day averaged volume of Mohit Industries is 23358

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	27.03	26.73	27.78	25.60	0.79 times
22 Mon Jul 2024	26.73	27.50	27.50	26.38	0.838 times
19 Fri Jul 2024	27.77	28.41	28.90	27.60	0.811 times
18 Thu Jul 2024	28.41	29.00	29.00	28.03	0.558 times
16 Tue Jul 2024	28.60	29.80	29.80	28.50	0.451 times
15 Mon Jul 2024	28.54	28.77	29.80	27.50	0.602 times
12 Fri Jul 2024	28.77	28.40	29.96	28.40	0.631 times
11 Thu Jul 2024	28.92	28.01	29.95	28.01	1.261 times
10 Wed Jul 2024	29.06	29.69	30.00	28.29	2.011 times
09 Tue Jul 2024	29.69	29.86	30.75	29.62	1.002 times

My analysis of stock is bearish for shortterm, and stock might move down till 24.4 or till 20.4. Use a stoploss of 27.69 and if the stock hits stoploss, then it can shoot up till 31

Share price targets for Mohit Industries (MOHITIND_BE)

Target Type	Value
Downside Target	11.30
Downside Target	12.05
Downside Target	13.85
Downside Target	17.00
Downside Target	17.60
Downside Target	18.60
Downside Target	20.00
Downside Target	25.60
Downside Target	26.40
Upside Target	27.50
Upside Target	29.08
Upside Target	29.80
Upside Target	30.54
Upside Target	31.50
Upside Target	33.00

Intraday share price targets for Mohit Industries (MOHITIND_BE)

Target Type	Value
Downside Intraday Target	25.83
Downside Intraday Target	24.62
Upside Intraday Target	28.01
Upside Intraday Target	28.98
Downside Intraday Target	26.8

Weekly technical analysis of Mohit Industries (MOHITIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	27.03	27.50	27.78	25.60	0.672 times
19 Fri Jul 2024	27.77	28.77	29.80	27.50	0.359 times
12 Fri Jul 2024	28.77	31.00	31.50	28.01	0.363 times
05 Fri Jul 2024	30.21	30.00	30.54	26.40	2.422 times
28 Fri Jun 2024	29.09	18.25	33.00	17.60	3.747 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	27.03	30.00	31.50	25.60	4.144 times
28 Fri Jun 2024	29.09	30.10	33.00	29.08	4.899 times
06 Mon Nov 2023	18.10	17.85	18.60	17.00	0.088 times
31 Tue Oct 2023	18.25	12.85	20.00	12.05	2.093 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mohit Industries (MOHITIND_BE)

Price action analysis of Mohit Industries ( (MOHITIND_BE) ) based on a short 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_BE) ) 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_BE) ) based on a mid to longer 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.

ADX buy sell signal for Mohit Industries stock for short term is SELL. 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.

Mohit Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Mohit Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 28.48 and Mohit Industries (MOHITIND_BE) 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_BE) stock. Volume based technical analysis of Mohit Industries (MOHITIND_BE) 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.