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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 2024-04-10 View latest technical analysis

10 day averaged volume of Kitex Garments is 315362

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	203.55	204.50	205.90	201.30	0.41 times
09 Tue Apr 2024	203.45	206.45	208.55	201.55	0.395 times
08 Mon Apr 2024	206.45	209.00	211.00	206.00	0.385 times
05 Fri Apr 2024	207.50	206.45	209.00	204.40	0.42 times
04 Thu Apr 2024	206.85	205.05	209.25	203.85	1.155 times
03 Wed Apr 2024	203.00	194.00	205.80	194.00	1.747 times
02 Tue Apr 2024	193.95	190.10	195.10	190.10	0.692 times
01 Mon Apr 2024	192.55	185.00	193.50	184.80	0.775 times
28 Thu Mar 2024	181.95	182.40	185.70	180.90	1.03 times
27 Wed Mar 2024	181.75	184.95	188.55	180.50	1.512 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 203.1, but if it comes below 203.1, then a intra day sell could be more profitable.
If you take a sell trade below 203.1, then use 203.1 as stoploss and 194.02 as target. However if you take a buy trade in stock , then use 203.1 as stoploss and 214 as target.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	178.35
Downside Target	194.50
Downside Target	201.30
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	199.57
Downside Intraday Target	195.58
Upside Intraday Target	209.27
Upside Intraday Target	214.98
Upside Intraday Target	205.28

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	203.55	209.00	211.00	201.30	0.249 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
10 Wed Apr 2024	203.55	185.00	211.00	184.80	0.342 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 in or above the red cloud Prices appear to be moving up

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 and selling is picking up 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 195.95 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.