Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-23 View latest technical analysis

10 day averaged volume of Kitex Garments is 314224

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	265.30	267.75	273.00	264.00	0.432 times
22 Thu Feb 2024	267.75	268.00	276.00	263.15	1.142 times
21 Wed Feb 2024	268.00	275.60	275.60	266.50	0.414 times
20 Tue Feb 2024	273.25	279.90	279.95	270.80	0.913 times
19 Mon Feb 2024	277.80	259.95	280.10	259.40	2.652 times
16 Fri Feb 2024	261.90	261.10	268.95	257.00	0.747 times
15 Thu Feb 2024	260.40	261.10	262.00	255.00	0.569 times
14 Wed Feb 2024	257.30	248.55	259.65	246.30	0.559 times
13 Tue Feb 2024	249.80	253.50	257.50	246.55	0.901 times
12 Mon Feb 2024	255.20	261.00	265.45	251.55	0.823 times

My analysis of stock is bullish for shortterm, and stock might move up till 275 or till 295. Use a stoploss of 258.4 and if this stock hits its stoploss, then it can fall down till 241.79

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
Upside 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	256.43
Downside Intraday Target	247.57
Upside Intraday Target	277.13
Upside Intraday Target	288.97
Upside Intraday Target	268.27

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	265.30	259.95	280.10	259.40	1.543 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Kitex Garments (KITEX)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	265.30	237.80	287.60	234.15	1.959 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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 but SELL signal is weak.

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

Although the stock is in the SELL zone, but selling 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 266.64 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.