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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 2024-05-15 View latest technical analysis

10 day averaged volume of Kitex Garments is 109457

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	206.95	204.15	211.30	202.15	1.365 times
14 Tue May 2024	201.15	195.90	202.55	195.90	0.668 times
13 Mon May 2024	196.80	199.75	200.70	194.00	0.781 times
10 Fri May 2024	199.25	199.80	202.70	196.50	0.62 times
09 Thu May 2024	199.80	206.00	209.05	196.35	1.107 times
08 Wed May 2024	206.25	201.45	207.90	199.70	0.736 times
07 Tue May 2024	201.10	201.90	205.55	199.00	1.021 times
06 Mon May 2024	201.90	206.30	206.55	201.30	0.852 times
03 Fri May 2024	205.45	209.00	209.75	203.30	1.023 times
02 Thu May 2024	208.25	204.40	214.00	203.50	2.315 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 205.5, but if it comes below 205.5, then a intra day sell could be more profitable.
If you take a sell trade below 205.5, then use 205.5 as stoploss and 201.36 as target. However if you take a buy trade in stock , then use 205.5 as stoploss and 210.6 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	194.00
Downside Target	200.90
Upside Target	207.90
Upside Target	214.00
Upside Target	217.05
Upside Target	234.15
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	196.87
Downside Intraday Target	186.78
Upside Intraday Target	214.17
Upside Intraday Target	221.38
Downside Intraday Target	204.08

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	206.95	199.75	211.30	194.00	0.649 times
10 Fri May 2024	199.25	206.30	209.05	196.35	0.847 times
03 Fri May 2024	205.45	205.75	214.00	201.55	0.905 times
26 Fri Apr 2024	204.70	195.75	207.90	195.25	1.072 times
19 Fri Apr 2024	193.60	197.00	200.90	190.05	1.104 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
15 Wed May 2024	206.95	204.40	214.00	194.00	0.335 times
30 Tue Apr 2024	203.50	185.00	211.00	184.80	0.622 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

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 to mid 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 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 Strong 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. Bears are weakening, and bulls 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 buy signal for Kitex Garments in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 203.73 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 positive

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