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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)

10 day averaged volume of Mohit Industries is 14496

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Nov 2023	18.10	18.25	18.50	17.60	0.933 times
03 Fri Nov 2023	18.25	17.80	18.50	17.70	0.575 times
02 Thu Nov 2023	17.80	18.25	18.25	17.00	0.36 times
01 Wed Nov 2023	17.50	17.85	18.60	17.35	0.462 times
31 Tue Oct 2023	18.25	18.40	18.65	17.70	0.545 times
30 Mon Oct 2023	18.45	17.90	18.50	17.20	1.353 times
27 Fri Oct 2023	18.05	17.85	18.20	17.50	0.474 times
26 Thu Oct 2023	17.85	18.00	18.00	17.45	0.775 times
25 Wed Oct 2023	18.35	18.25	18.95	17.50	1.097 times
23 Mon Oct 2023	18.15	19.10	19.25	17.80	1.329 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 18 as stoploss in an intra day buy trade for a target of 18.57. However, stock will show a bearish move below 18.

Share price targets for Mohit Industries (MOHITIND_BE)

Target Type	Value
Downside Target	10.65
Downside Target	11.30
Downside Target	12.05
Downside Target	13.70
Downside Target	16.45
Downside Target	17.00
Downside Target	17.45
Downside Target	18.05
Upside Target	18.50
Upside Target	19.25
Upside Target	19.90
Upside Target	20.00
Upside Target	22.05

Intraday share price targets for Mohit Industries (MOHITIND_BE)

Target Type	Value
Downside Intraday Target	17.63
Downside Intraday Target	17.17
Upside Intraday Target	18.53
Upside Intraday Target	18.97
Downside Intraday Target	18.07

Weekly technical analysis of Mohit Industries (MOHITIND_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Nov 2023	18.10	18.25	18.50	17.60	0.283 times
03 Fri Nov 2023	18.25	17.90	18.65	17.00	0.896 times
27 Fri Oct 2023	18.05	19.10	19.25	17.45	0.621 times
20 Fri Oct 2023	18.70	19.00	19.90	18.10	0.711 times
13 Fri Oct 2023	19.00	19.10	20.00	18.05	2.265 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
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
30 Thu Sep 2021	12.65	13.15	13.85	11.30	0.471 times
31 Tue Aug 2021	12.70	14.35	16.45	10.65	0.771 times

Scroll below to view daily charts

Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mohit Industries ( (MOHITIND_BE) ) 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_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 neutral. A longer time frame might give a better analysis.

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 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 coming down

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

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

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 18.15 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.