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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 2024-04-09 View latest technical analysis

10 day averaged volume of Kitex Garments is 324433

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	203.45	206.45	208.55	201.55	0.384 times
08 Mon Apr 2024	206.45	209.00	211.00	206.00	0.374 times
05 Fri Apr 2024	207.50	206.45	209.00	204.40	0.408 times
04 Thu Apr 2024	206.85	205.05	209.25	203.85	1.123 times
03 Wed Apr 2024	203.00	194.00	205.80	194.00	1.698 times
02 Tue Apr 2024	193.95	190.10	195.10	190.10	0.672 times
01 Mon Apr 2024	192.55	185.00	193.50	184.80	0.753 times
28 Thu Mar 2024	181.95	182.40	185.70	180.90	1.002 times
27 Wed Mar 2024	181.75	184.95	188.55	180.50	1.469 times
26 Tue Mar 2024	182.35	192.60	194.50	181.20	1.838 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 204.9 as stoploss in an intra day sell trade for a target of 194.68. However, stock will show a bullish move above 204.9.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	178.35
Downside Target	194.50
Downside Target	201.55
Upside Target	207.00
Upside Target	211.00
Upside Target	217.05
Upside Target	231.95
Upside Target	234.15
Upside Target	242.45
Upside Target	246.10
Upside Target	251.00
Upside Target	287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	199.67
Downside Intraday Target	195.88
Upside Intraday Target	209.12
Upside Intraday Target	214.78
Upside Intraday Target	205.33

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	203.45	209.00	211.00	201.55	0.163 times
05 Fri Apr 2024	207.50	185.00	209.25	184.80	1.08 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

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
09 Tue Apr 2024	203.45	185.00	211.00	184.80	0.319 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kitex Garments Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 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 193.06 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 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 negative.

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