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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 2024-04-24 View latest technical analysis

10 day averaged volume of Kitex Garments is 131782

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	205.05	199.00	207.90	198.65	1.452 times
23 Tue Apr 2024	199.30	199.00	201.50	196.35	1 times
22 Mon Apr 2024	196.60	195.75	197.80	195.25	0.65 times
19 Fri Apr 2024	193.60	191.65	196.25	190.05	0.933 times
18 Thu Apr 2024	195.05	195.50	200.90	194.60	0.84 times
16 Tue Apr 2024	195.45	194.50	198.00	191.65	0.983 times
15 Mon Apr 2024	194.85	197.00	198.10	191.20	1.625 times
12 Fri Apr 2024	202.30	200.50	205.00	200.05	1.121 times
10 Wed Apr 2024	203.55	204.50	205.90	201.30	0.982 times
09 Tue Apr 2024	203.45	206.45	208.55	201.55	0.944 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 204.8, but if it comes below 204.8, then a intra day sell could be more profitable.
If you take a sell trade below 204.8, then use 204.8 as stoploss and 196.91 as target. However if you take a buy trade in stock , then use 204.8 as stoploss and 214.4 as target.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	178.35
Downside Target	184.80
Downside Target	190.05
Downside Target	194.50
Downside Target	200.05
Upside Target	207.00
Upside Target	211.00
Upside Target	217.05
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	197.57
Downside Intraday Target	190.08
Upside Intraday Target	210.22
Upside Intraday Target	215.38
Downside Intraday Target	202.73

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	205.05	195.75	207.90	195.25	0.708 times
19 Fri Apr 2024	193.60	197.00	200.90	190.05	1.104 times
12 Fri Apr 2024	202.30	209.00	211.00	200.05	0.346 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

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
24 Wed Apr 2024	205.05	185.00	211.00	184.80	0.548 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 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 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 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 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 red color and prices are in or above 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 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 199.12 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 has given negative 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.