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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 2024-06-10 View latest technical analysis

10 day averaged volume of Kitex Garments is 150360

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	204.45	206.85	206.99	203.66	0.666 times
07 Fri Jun 2024	203.20	198.20	204.00	198.20	1.011 times
06 Thu Jun 2024	196.50	193.85	198.45	193.65	0.965 times
05 Wed Jun 2024	191.00	193.25	197.45	186.55	1.609 times
04 Tue Jun 2024	190.40	203.30	203.30	177.00	1.761 times
03 Mon Jun 2024	200.30	209.10	209.10	199.35	1.366 times
31 Fri May 2024	201.90	202.80	205.00	198.70	0.713 times
30 Thu May 2024	202.55	204.95	205.60	201.95	0.343 times
29 Wed May 2024	204.95	203.00	206.40	201.30	0.616 times
28 Tue May 2024	204.80	207.40	208.70	204.35	0.466 times

My analysis of stock is bearish for shortterm, and stock might move down till 197.9 or till 188.6. Use a stoploss of 205.63 and if the stock hits stoploss, then it can shoot up till 213.35

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	177.00
Downside Target	184.80
Downside Target	194.00
Downside Target	198.70
Downside Target	203.66
Upside Target	216.00
Upside Target	228.85
Upside Target	234.15
Upside Target	251.00
Upside Target	287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	203.08
Downside Intraday Target	201.7
Upside Intraday Target	206.41
Upside Intraday Target	208.36
Upside Intraday Target	205.03

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	204.45	206.85	206.99	203.66	0.099 times
07 Fri Jun 2024	203.20	209.10	209.10	177.00	2.042 times
31 Fri May 2024	201.90	216.00	216.00	198.70	0.361 times
24 Fri May 2024	210.50	225.00	228.85	208.35	1.717 times
18 Sat May 2024	213.70	199.75	216.00	194.00	1.681 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
10 Mon Jun 2024	204.45	209.10	209.10	177.00	0.317 times
31 Fri May 2024	201.90	204.40	228.85	194.00	1.023 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

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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Kitex Garments stock for short term is SELL. Signal strength is Weak 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. 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 BUY signal in short term but buying 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 197.83 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 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.