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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 2024-01-12 View latest technical analysis

10 day averaged volume of Kitex Garments is 327517

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	232.70	234.85	235.00	231.05	0.322 times
11 Thu Jan 2024	233.05	238.35	239.05	231.55	0.52 times
10 Wed Jan 2024	237.25	238.00	239.80	234.00	0.83 times
09 Tue Jan 2024	235.10	231.90	240.50	228.00	2.759 times
08 Mon Jan 2024	228.55	233.15	235.75	228.00	0.611 times
05 Fri Jan 2024	233.00	233.20	236.75	231.10	0.502 times
04 Thu Jan 2024	232.45	235.30	237.15	230.35	0.606 times
03 Wed Jan 2024	236.05	232.80	239.60	232.30	1.136 times
02 Tue Jan 2024	231.85	225.35	245.75	218.40	2.566 times
01 Mon Jan 2024	224.45	224.50	227.00	224.05	0.215 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 234.5 as stoploss in an intra day sell trade for a target of 230.21. However, stock will show a bullish move above 234.5.

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
Upside 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	226.97
Downside Intraday Target	221.23
Upside Intraday Target	239.47
Upside Intraday Target	246.23
Upside Intraday Target	233.73

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	232.70	233.15	240.50	228.00	1.003 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 down 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
12 Fri Jan 2024	232.70	224.50	245.75	218.40	0.429 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Kitex Garments ( (KITEX) ) based on a short to mid 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 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 losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Kitex Garments in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL 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 233.48 and Kitex Garments (KITEX) stock is trading below this level. This means that stock is falling with high volumes. 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.