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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 2024-02-16 View latest technical analysis

10 day averaged volume of Kitex Garments is 1115028

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	261.90	261.10	268.95	257.00	0.211 times
15 Thu Feb 2024	260.40	261.10	262.00	255.00	0.16 times
14 Wed Feb 2024	257.30	248.55	259.65	246.30	0.157 times
13 Tue Feb 2024	249.80	253.50	257.50	246.55	0.254 times
12 Mon Feb 2024	255.20	261.00	265.45	251.55	0.232 times
09 Fri Feb 2024	260.25	268.00	271.80	257.90	0.361 times
08 Thu Feb 2024	266.35	267.60	270.65	263.75	0.217 times
07 Wed Feb 2024	268.85	279.70	279.70	266.65	0.395 times
06 Tue Feb 2024	276.90	272.00	281.00	268.75	0.576 times
05 Mon Feb 2024	270.20	277.85	287.60	265.55	1.832 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 266.8 as stoploss in an intra day sell trade for a target of 246.42. However, stock will show a bullish move above 266.8.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	188.40
Downside Target	195.15
Downside Target	207.00
Downside Target	215.75
Downside Target	223.20
Downside Target	229.60
Downside Target	242.45
Downside Target	246.30
Downside Target	257.90
Upside Target	268.95
Upside Target	280.00
Upside Target	287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	249.15
Downside Intraday Target	236.4
Upside Intraday Target	271.8
Upside Intraday Target	281.7
Downside Intraday Target	259.05

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	261.90	261.00	268.95	246.30	0.3 times
09 Fri Feb 2024	260.25	277.85	287.60	257.90	0.403 times
02 Fri Feb 2024	274.60	221.95	280.00	217.80	19.858 times
25 Thu Jan 2024	220.35	229.60	229.60	217.05	0.436 times
19 Fri Jan 2024	226.80	233.05	235.20	218.00	0.655 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
16 Fri Feb 2024	261.90	237.80	287.60	234.15	1.712 times
31 Wed Jan 2024	232.25	224.50	246.10	217.05	0.917 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Kitex Garments ( (KITEX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 gaining momentum.

MACD generated a BUY signal for Kitex Garments in short term and the buy signal is strong.

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. Bears 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 266.76 and Kitex Garments (KITEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.