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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 2024-04-01 View latest technical analysis

10 day averaged volume of Kitex Garments is 316562

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	192.55	185.00	193.50	184.80	0.772 times
28 Thu Mar 2024	181.95	182.40	185.70	180.90	1.027 times
27 Wed Mar 2024	181.75	184.95	188.55	180.50	1.506 times
26 Tue Mar 2024	182.35	192.60	194.50	181.20	1.883 times
22 Fri Mar 2024	192.65	187.00	196.30	186.60	0.68 times
21 Thu Mar 2024	188.95	191.70	192.95	187.35	0.547 times
20 Wed Mar 2024	188.30	190.20	191.75	184.00	0.483 times
19 Tue Mar 2024	188.20	192.00	193.90	187.00	0.396 times
18 Mon Mar 2024	192.60	195.50	195.50	190.00	0.603 times
15 Fri Mar 2024	189.40	192.55	195.80	186.00	0.956 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 181.9 as stoploss in an intra day buy trade for a target of 204.82. However, stock will show a bearish move below 181.9.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	178.35
Upside Target	193.50
Upside Target	207.00
Upside Target	217.05
Upside Target	227.10
Upside Target	231.95
Upside Target	234.15
Upside Target	242.45
Upside Target	246.10
Upside Target	246.75
Upside Target	251.00
Upside Target	287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	187.07
Downside Intraday Target	181.58
Upside Intraday Target	195.77
Upside Intraday Target	198.98
Downside Intraday Target	190.28

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	192.55	185.00	193.50	184.80	0.175 times
28 Thu Mar 2024	181.95	192.60	194.50	180.50	1.631 times
22 Fri Mar 2024	192.65	195.50	196.30	184.00	0.346 times
15 Fri Mar 2024	189.40	230.85	231.95	178.35	3.981 times
07 Thu Mar 2024	229.90	245.10	246.75	227.10	0.335 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
01 Mon Apr 2024	192.55	185.00	193.50	184.80	0.044 times
28 Thu Mar 2024	181.95	242.35	251.00	178.35	0.355 times
29 Thu Feb 2024	238.75	237.80	287.60	234.15	2.201 times
31 Wed Jan 2024	232.25	224.50	246.10	217.05	0.917 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 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 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 mid to longer 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.

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

MACD generated a SELL signal for Kitex Garments in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 186.33 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.