In recent decades, reverse flow analysis in mixed convection flow has attracted many researchers' attention owing to its applications in the design of medical and engineering systems. The presence of reverse flow is unfavorable in many respects; therefore, it is crucial to find values of critical parameters affecting reverse flow to eliminate it. In this paper, the thermal and hydrodynamic behavior of MWCNT-Fe 3 O 4 hybrid nanofluid is explored in a vertical cylindrical annulus and in the adjacency of radial magnetic field by achieving the results of exact solution. Furthermore, the effective factors on reverse flow are investigated, considering the effects of wall movement and suction/injection on it. The range of changes of governing parameters includes constant velocity of cylinders' walls A=0−10, B=0−10, Mixed convection parameter η=-1500−1500, dimensionless temperature difference ratio ξ=0−1, Hartman number Ha=0−50, Suction/injection S=-6−6, nanocomposite particles concentration φ=0−0.3% and radios ratio λ=2−10. Results reveal that hybrid nanofluid enhances heat transfer rate. Moreover, by changing the above-mentioned parameters and selecting appropriate values for them, the flow, heat transfer and occurrence of reverse flow can be optimally controlled. Meanwhile, such parameters as Ha, S and ξ perform better in eliminating reverse flow.