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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 2024-08-01 View latest technical analysis

10 day averaged volume of Mohit Industries is 20942

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	27.35	27.00	27.90	27.00	1.004 times
31 Wed Jul 2024	27.20	28.01	28.01	27.01	1.197 times
30 Tue Jul 2024	27.48	26.55	28.20	26.55	1.911 times
29 Mon Jul 2024	27.72	28.96	28.96	26.56	0.957 times
26 Fri Jul 2024	27.89	29.00	29.00	27.49	0.822 times
25 Thu Jul 2024	27.74	27.05	27.90	26.55	0.625 times
24 Wed Jul 2024	27.62	27.99	27.99	26.51	1.146 times
23 Tue Jul 2024	27.03	26.73	27.78	25.60	0.881 times
22 Mon Jul 2024	26.73	27.50	27.50	26.38	0.934 times
19 Fri Jul 2024	27.77	28.41	28.90	27.60	0.905 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 27.3 as stoploss in an intra day buy trade for a target of 28.28. However, stock will show a bearish move below 27.3.

Share price targets for Mohit Industries (MOHITIND_BE)

Target Type	Value
Downside Target	12.05
Downside Target	17.00
Downside Target	18.60
Downside Target	20.00
Downside Target	25.60
Downside Target	26.40
Upside Target	28.96
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	26.28
Downside Intraday Target	25.21
Upside Intraday Target	28.69
Upside Intraday Target	30.03
Upside Intraday Target	27.62

Weekly technical analysis of Mohit Industries (MOHITIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	27.35	28.96	28.96	26.55	1.15 times
26 Fri Jul 2024	27.89	27.50	29.00	25.60	1.632 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

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
01 Thu Aug 2024	27.35	27.00	27.90	27.00	0.025 times
31 Wed Jul 2024	27.20	30.00	31.50	25.60	4.987 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

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_BE)

Price action analysis of Mohit Industries ( (MOHITIND_BE) ) 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_BE) ) 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_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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Mohit Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 27.44 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.