Stock analysis Mohit Industries Limited MOHITIND
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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.