Homepage Active Options Active Stocks

Stock analysis Mohit Industries Limited MOHITIND

More indepth analysis on MunafaSutra.com

Moving Averages for Mohit Industries Limited

  • 5Day Average: 28.63
  • 12Day Average: 29.32
  • 20Day Average: 28.44
  • 50Day Average: 26.47
  • 100Day Average: 23.81
  • 150Day Average: 23.02
  • 200Day Average: 21.7

MOHITIND Indicators & signals

Indicator MACD (12,26,9)

28.63, 28.18, 0.84
Indicator MACD is in positive zone

Indicator ADX (14)

28, 16.77, 29.81
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MOHITIND Mohit Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 26.24 26.11 to 28.57 -4.55% 1.16 times
18 Mon Nov 2024 27.49 27.44 to 28.50 -4.85% 0.63 times
14 Thu Nov 2024 28.89 28.44 to 29.86 -3.51% 0.61 times
13 Wed Nov 2024 29.94 29.61 to 31.02 -2.19% 0.9 times
12 Tue Nov 2024 30.61 30.40 to 31.19 1.12% 0.67 times
11 Mon Nov 2024 30.27 29.70 to 31.00 2.13% 1.86 times
08 Fri Nov 2024 29.64 29.17 to 30.60 -2.02% 1.02 times
07 Thu Nov 2024 30.25 29.96 to 30.80 0.23% 0.8 times
06 Wed Nov 2024 30.18 29.32 to 30.69 2.06% 1.07 times
05 Tue Nov 2024 29.57 29.03 to 30.28 1.3% 1.6 times
04 Mon Nov 2024 29.19 28.41 to 29.95 -1.22% 0.82 times
01 Fri Nov 2024 29.55 29.10 to 29.68 4.53% 0.61 times

Technical analysis forecast for Mohit Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mohit Industries Limited MOHITIND at this time. Stock is falling and might fall more.

It appears as if Mohit Industries Limited MOHITIND gave a large move recently.

Stock of Mohit Industries Limited (MOHITIND) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Mohit Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mohit Industries Limited stays below 27, but if it comes above 27, then a intra day buy could be more profitable.
If you take a sell trade below 27, then use 27 as stoploss and 25.2 as target. However if you take a buy trade in Mohit Industries Limited, then use 27 as stoploss and 28.46 as target.

More indepth analysis on MunafaSutra.com