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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 2024-02-20 View latest technical analysis

10 day averaged volume of Kitex Garments is 369105

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	273.25	279.90	279.95	270.80	0.777 times
19 Mon Feb 2024	277.80	259.95	280.10	259.40	2.258 times
16 Fri Feb 2024	261.90	261.10	268.95	257.00	0.636 times
15 Thu Feb 2024	260.40	261.10	262.00	255.00	0.485 times
14 Wed Feb 2024	257.30	248.55	259.65	246.30	0.475 times
13 Tue Feb 2024	249.80	253.50	257.50	246.55	0.767 times
12 Mon Feb 2024	255.20	261.00	265.45	251.55	0.701 times
09 Fri Feb 2024	260.25	268.00	271.80	257.90	1.09 times
08 Thu Feb 2024	266.35	267.60	270.65	263.75	0.655 times
07 Wed Feb 2024	268.85	279.70	279.70	266.65	1.192 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 272.2, but if it comes below 272.2, then a intra day sell could be more profitable.
If you take a sell trade below 272.2, then use 272.2 as stoploss and 251.42 as target. However if you take a buy trade in stock , then use 272.2 as stoploss and 297.2 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	215.75
Downside Target	223.20
Downside Target	229.60
Downside Target	242.45
Downside Target	257.90
Downside Target	259.40
Downside Target	268.95
Upside Target	280.00
Upside Target	280.10
Upside Target	287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	261.73
Downside Intraday Target	250.22
Upside Intraday Target	282.43
Upside Intraday Target	291.62
Downside Intraday Target	270.92

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	273.25	259.95	280.10	259.40	0.991 times
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

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
20 Tue Feb 2024	273.25	237.80	287.60	234.15	1.871 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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 coming down

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 but buying is losing 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 266.02 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 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.