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(KITEX) Kitex Garments complete technical analysis [charts+indicators] | Buy/Sell Kitex Garments | (KITEX) share price targets

Complete technical analysis of Kitex Garments (KITEX) by charts plus indicators, forecast predictions and share price targets for Kitex Garments (KITEX)

Kitex Garments trades in NSE in Other Apparels & Accessories sector.

Showing technical analysis as on 2024-01-09 View latest technical analysis

10 day averaged volume of Kitex Garments is 232296

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	235.10	231.90	240.50	228.00	3.89 times
08 Mon Jan 2024	228.55	233.15	235.75	228.00	0.862 times
05 Fri Jan 2024	233.00	233.20	236.75	231.10	0.708 times
04 Thu Jan 2024	232.45	235.30	237.15	230.35	0.854 times
03 Wed Jan 2024	236.05	232.80	239.60	232.30	1.602 times
02 Tue Jan 2024	231.85	225.35	245.75	218.40	3.618 times
01 Mon Jan 2024	224.45	224.50	227.00	224.05	0.304 times
29 Fri Dec 2023	225.20	226.70	228.60	224.20	0.358 times
28 Thu Dec 2023	226.70	228.55	229.95	222.00	0.651 times
27 Wed Dec 2023	228.85	229.60	235.00	225.45	0.522 times

Stock of Kitex Garments (KITEX) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 234.7, but if it comes below 234.7, then a intra day sell could be more profitable.
If you take a sell trade below 234.7, then use 234.7 as stoploss and 228.77 as target. However if you take a buy trade in stock , then use 234.7 as stoploss and 241.8 as target.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	188.40
Downside Target	195.15
Downside Target	207.00
Downside Target	214.85
Downside Target	228.00
Downside Target	235.00
Upside Target	238.50
Upside Target	240.50
Upside Target	242.45
Upside Target	245.75

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	228.57
Downside Intraday Target	222.03
Upside Intraday Target	241.07
Upside Intraday Target	247.03
Downside Intraday Target	234.53

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	235.10	233.15	240.50	228.00	0.671 times
05 Fri Jan 2024	233.00	224.50	245.75	218.40	3.454 times
29 Fri Dec 2023	225.20	225.35	235.00	222.00	0.342 times
22 Fri Dec 2023	226.25	232.95	242.45	214.85	0.341 times
15 Fri Dec 2023	234.05	213.70	238.50	209.00	2.769 times

Price has moved up 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 Kitex Garments (KITEX)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	235.10	224.50	245.75	218.40	0.358 times
29 Fri Dec 2023	225.20	208.55	242.45	207.00	2.658 times
30 Thu Nov 2023	208.55	203.00	215.75	195.15	0.631 times
31 Tue Oct 2023	201.30	209.30	223.20	188.40	0.997 times

Scroll below to view daily charts

Price has moved up 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 Kitex Garments (KITEX)

Price action analysis of Kitex Garments ( (KITEX) ) 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 Kitex Garments ( (KITEX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Kitex Garments ( (KITEX) ) based on a short to mid 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 Kitex Garments ( (KITEX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Kitex Garments stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Kitex Garments in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kitex Garments 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Kitex Garments in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Kitex Garments is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 232.47 and Kitex Garments (KITEX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Kitex Garments (KITEX) stock. Volume based technical analysis of Kitex Garments (KITEX) stock is negative.

Kitex Garments Stock is giving positive 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.