The signals are not for daily/intra-day traders and are calculated with a 3-6 month horizon
Observe signal is an indication that something technically has changed and its many times a sign of reversal. Keep a close watch during that phase
If the signal changes frequently (every 3-4 days), stay away from that stock
Subscribe to signal change notifications from the Android Appto get instant alerts on stock signal changes
Support and Resistance Levels Analysis
The current close value 7.3 is between the support and resistance channel of 7 and 8.
The stock has a Sell Signal , 7 becomes a critical support to stop the fall and 8 is a immediate resistance on the upside.
Technical Indicators (3 Month duration)
Exponential Moving average 7.2
MACD value -0.8
Price range 6.95 to 11.45
Volume range 3648 to 13544
Support & Resistance 7, 8
Six Months -73.9%
Last Six Months
Last Five Months
Last Four Months
Last Three Months
Last Two Months
Last One Month
Today's Price Range
3 Month Price Range
About Mohit Industries Limited
Mohit Industries Ltd. is an India-based company, engaged in the manufacturing of fabrics, texturized yarn, and autoclaved aerated concrete blocks (AAC Blocks). The Company operates business through two segments, which include Textile and AAC Blocks. The Textile Division includes production and marketing activities of textile product through texturized yarn, twisted yarn, grey cloth fabrics and finished cloth fabrics. The AAC Blocks Division includes production and marketing activities of auto-claved aerated concrete blocks. The Company also engaged in the manufacturing of texturized yarn from POY and weaving of the yarn to grey cloth. The Company's yarn texturizing plants are located at KIM and Umargam.